sightETHEREUM WHALE•Oct 5
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2015 Ethereum ICO investor moves $36.37 million in ETH to Coinbase
A 2015 Ethereum ICO investor moved another 13,330 ETH, worth about $36.37 million, to Coinbase on October 5. That adds another large early-holder supply event at a time when ETH order books are thinner, so trades of this size can hit the market harder.
On-chain trackers reported the transfer after a six-month gap. The wallet originally bought 170,000 ETH at roughly $0.31 each and now holds about 1,484 ETH, worth approximately $4.01 million.
On-chain trackers reported the transfer after a six-month gap. The wallet originally bought 170,000 ETH at roughly $0.31 each and now holds about 1,484 ETH, worth approximately $4.01 million.
Timeline3
Jan 1
Investor acquired 170,000 ETH in Ethereum's ICO at roughly $0.31 per ETH.
Oct 5
The investor transferred 13,330 ETH, worth about $36.37 million, to Coinbase.
Oct 5
On-chain trackers reported the sale and estimated that about 1,484 ETH remained in the wallet.
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Oct 5