An Ethereum whale who participated in the 2015 ETH ICO has sold 2,118.65 ETH after five years of dormancy, depositing approximately $4.993 million worth of ETH into Coinbase. The wallet originally subscribed to 40,042 ETH at a cost as low as $0.31 per token, yielding an estimated return of 7,601.24x if fully liquidated.
The whale consolidated holdings from five separate addresses into a single wallet for management. On-chain analyst Ai Yi first flagged the dormant activity, noting the transfer occurred roughly five hours prior to reporting.
2015 ICO Whale Sells 2,118 ETH After Five Years of Dormancy, Netting 7,601x Return
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