Ethereum ICO Participant Dumps $29,350,000 Worth of ETH After Waking Up From Dormancy: Lookonchain
The analysis of Blockchain Tracker Lookonchain reveals that an investor who participated in the initial offer of Ethereum pieces (ICO) exchanged almost $ 30 million in ETH after years of dormancy.
In an article on the X social media platform, Lookonchain said That the Ethereum holder woke up with a long sleep to unload thousands of ethn in less than four weeks.
The data show that the entity sends its parts to the exchange of Crypto Kraken, probably for sale.
“The participant of Ethereum ICO again sold 1,500 eTH (1.76 million dollars) [on May 3rd.]. Since the end of a long dormant on April 17, [the entity] Sold 16,500 ETH (29.35 million dollars) at an average price of $ 1,779 and still has 13,500 ETH (24.82 million dollars). »»
ETH is negotiated $ 1,830 at the time of writing, a drop of 4.8% compared to the day.
The analysis company also discovery These deep holders of the Trump Official (Trump) also unload the assets, although loss.
“Two whales poured 765,128 Trump ($ 8.58 million) with a loss of $ 2.34 million! 3KJP9L made $ 196,000 on Trump before, sold 337,560 Trump ($ 3.81 million) [on May 4th] And lost $ 1.38 million.
7x6vun won $ 732,000 on Trump before, sold 427,568 Trump ($ 4.77 million) [on May 4th] And lost $ 961,000! Not only did they destroy all the previous gains, but they also lost around 1.42 million dollars in principle. »»
Trump is traded at $ 11.00 when writing the editorial's time, a drop of 4.55% in the last 24 hours.
Meanwhile, Lookonchain spotted a different whale that has gone long on Bitcoin (BTC) and a slew of altcoins – including ETH – and is currently seated profit.
“A whale was long BTC, ETH, Sol, LTC, XRP, Link and 16 tokens in the last month, with a total profit of more than $ 9 million.
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