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Early ICO whale sells final 7,594 ETH for about $17.8m

NewsFeeds update

An early whale who bought 200,000 ETH at the $0.311 ICO price moved its last 7,594 ETH, worth about $17.8m, to Kraken six hours earlier, completing an exit, according to on-chain analyst Ember. Sales over the years averaged about $1,368 per ETH, turning $62,000 into $274m.

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The story so far: Ethereum ICO whale selling ETH

An early Ethereum ICO investor who bought ETH at $0.31 has been selling holdings, per Lookonchain. The whale has now moved its last 7,594 ETH, worth about $17.8m, to Kraken, completing an exit with sales averaging about $1,368 per ETH. A separate early wallet moved about 2,155 ETH, worth roughly $4.59m.

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  1. Early ICO whale sells final 7,594 ETH for about $17.8m

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