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An ancient whale that subscribed to 200,000 ETH in an ICO has liquidated its final 7,594 ETH holdings, worth approximately $17.79 million.

56 minutes ago

On-chain analyst Yu Jin monitored that an ancient whale, which participated in Ethereum’s ICO and subscribed for 200,000 ETH, transferred all remaining 7,594 ETH from its address to Kraken six hours ago, worth about $17.79 million. The whale bought the 200,000 ETH at $0.311 per unit back then, with a total cost of roughly $62,000. Calculated based on the historical average selling price of around $1,368, the total value of the 200,000 ETH is approximately $273.6 million.

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