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

ETH

ETH/USDT

$2,535.61

-2.74%

$2,535.61

-2.74%

(24s)

24h Volume

$10,492,863,062.17

24h H/L

$2,610.85 / $2,506.30

Change: $104.55 (4.17%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,538.54

▲ 0.88%

Volume (24h): -

Resistance Levels

Resistance 3$2,981.59

Resistance 2$2,617.97

Resistance 1$2,538.73

Price$2,538.54

Support 1$2,534.82

Support 2$2,414.58

Support 3$2,252.80

Pivot (PP):$2,538.73

Trend:Uptrend

RSI (14):64.6

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.