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According to Lookonchain data, a whale that participated in the ICO during the early days of Ethereum and acquired 76,000 ETH recently invested the remaining 1,900 ETH into the exchange for 19.44 million dollars.
Despite the recent rise in Ethereum (ETH) price, some early investors continue to take profits. According to data shared by the blockchain analysis platform Lookonchain, a whale that participated in the ICO during Ethereum's Genesis period is maintaining its selling strategy.
According to Lookonchain's report, the mentioned whale transferred 1,900 ETH it had left to the exchange worth approximately 4.44 million dollars 3 hours ago. This investor had purchased 76,000 ETH for a total of 23,560 dollars during the early days of Ethereum.
In a post shared earlier on May 7, it was reported that the same Ethereum ICO participant sold an additional 5,200 ETH for (9.54 million dollars in the last hour. According to Lookonchain's data, this investor conducted a total sale of 21,700 ETH for )38.9 million dollars after a long period of inactivity since April 17.
These sales were made at an average price of $1,792, and it was noted that the investor still held 8,300 ETH (15.28 million dollars) before the last sale. With today's sale, it seems that the last remaining ETHs have also been transferred to the exchange.
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