Whale Investor Sells 8,510 Ethereum: A Look into Long-Term Holdings from 2015 ICO

ETH

ETH/USDT

$1,673.24

-0.27%

$1,673.24

-0.27%

(24s)

24h Volume

$4,022,975,326.87

24h H/L

$1,697.28 / $1,669.15

Change: $28.13 (1.69%)

Long/Short

73.5%

Long: 73.5%Short: 26.5%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,676.93

▼ -0.25%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,804.80

Resistance 1$1,710.32

Price$1,676.93

Support 1$1,614.42

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,678.81

Trend:Downtrend

RSI (14):32.3

According to data from on-chain analyst Yu Jin, a significant Ethereum investor offloaded 8,510 ETH (valued at approximately $22.15 million) over the past 48 hours. This whale address originally acquired 150,000 ETH during the Ethereum Initial Coin Offering (ICO) in 2015, with an ICO price set at $0.311 per ETH. Despite the recent transactions, the address has liquidated just 23,510 ETH to date, retaining a substantial balance of 130,966 ETH, which equates to around $342 million by current market valuations.

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