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Early Ethereum ICO Investor Sells 1,500 ETH After Resuming Activity for First Time in 9 Years

Source
Uk Jin

Summary

  • An early Ethereum investor that had been dormant for nine years sold 1,500 ETH worth about $3.46 million.
  • The investor is known to have participated in the Ethereum ICO and bought 100,000 ETH at $0.31 per token.
  • As of 3 p.m. on October 26, Ether was trading at $2,322, down 1.00% from a day earlier on CoinMarketCap.

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An early Ethereum investor that had been inactive for nine years has sold about $3.46 million worth of Ether.

Lookonchain said on October 26 that the investor recently ended a nine-year dormancy and sold 1,500 ETH.

The investor is known to have participated in Ethereum's initial coin offering, or ICO, purchasing 100,000 ETH at $0.31 apiece.

As of 3 p.m. on October 26, Ether was trading at $2,322, down 1.00% from a day earlier, according to CoinMarketCap.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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