An Ethereum whale who participated in the Token Issuance (ICO) in 2015 and held up to 76,000 ETH has just completed selling all of this ETH, marking one of the largest profit-taking events by an early investor in the Ethereum community. According to on-chain data published by the analysis account @ai_9684xtpa, the final transaction occurred at 20:04 on May 3rd (Vietnam time), with 2,000 ETH transferred to the Kraken exchange. At the time of the transaction, this amount of ETH was worth approximately $3.66 million, based on the current market price.
In the past two weeks, this whale's wallet has conducted a series of sales, totaling 14,000 ETH worth approximately $24.75 million. Previous sales were also mainly executed through large centralized exchanges like Kraken, indicating a clear goal of direct liquidation to the market rather than transferring to cold storage wallets or DeFi platforms.
This whale is closely followed by the community because it is one of the wallet addresses associated with Ethereum's initial ICO — when each ETH was priced at around $0.3. At the current price, this whale has recorded a massive profit after nearly a decade of holding, demonstrating the extraordinary growth performance of ETH since its launch.
