A long-term Ethereum holder who acquired 170,000 ETH during the 2015 ICO has nearly liquidated their entire position, transferring 13,330 ETH ($36.37 million) to Coinbase. The whale sold holdings at an average price of $1,137, retaining only 1,484 ETH ($4.01 million) in the original address.
Based on an initial ICO cost of $0.311 per token, the investor realized approximately $193 million in cumulative profits, representing a 3,655x return on investment over the past decade.
Ethereum ICO Whale Sells Final Holdings for $193 Million Profit After 3,655x Return
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