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Early Ethereum Investor Sells Another 5,000 ETH, Bringing Total Sales to $146.24 Million

Source
Suehyeon Lee

Summary

  • An early Ethereum investor sold an additional 5,000 ETH worth about $10 million.
  • The investor has now sold a total of 60,000 ETH and 9,442 wsETH, bringing cumulative sales to about $146.24 million.
  • The average sale price was about $2,106, and the investor is still believed to hold a sizable position even as Ethereum fell below $2,000.

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Photo: Onchain Lens
Photo: Onchain Lens

An early Ethereum investor has made another large sale.

Onchain Lens said on June 1 that the investor recently sold 5,000 ETH, worth about $10 million at current prices.

The investor has sold a total of 60,000 ETH and 9,442 wsETH so far, with cumulative sales reaching about $146.24 million.

The average selling price was about $2,106 per ETH.

Ethereum has recently fallen below $2,000, while long-term holders continue to take profits.

The investor is still believed to hold a sizable amount of Ethereum, though further sales have not been confirmed.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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