The large investor Ethereum (ETH), who for some time sat inactive and accumulated 76,000 ETH during the ICO of 2015, again appeared after three -year radio.
About an hour ago, a wallet associated with the original address of the ICO “0xD612” sent 6,000 ETH – at that time about $ 9.55 million to a new address. After only 45 minutes 3000 ETH, which costs about 4.78 million dollars. USA, were moved from a new address to the well -known address of the Kraken deposit, which involves a probable sale.
According to the blockchain, this whale bought ETH at the price of ICO about $ 0.31. At the current market price of $ 1590, this is an income of more than 500,000%. Nevertheless, the ETH/USD market has fallen in recent months, and Ethereum fell below $ 1,600 with $ 4,000. This led to the assumption that long -term owners can move to cash.
The remaining 3000 ETH from the first translation still belong to the address “0x4796”, so we can see more sales in the next few hours or days. There are still no other registered actions, but everyone is closely following the address to see what could happen next.
This is the last in a series of reactive participants of the early participants of Ethereum as market conditions change. We still do not know whether this is a wider distribution from EARe wallets, but these types of movements often occur before key shifts in market sentiments are especially important when binding to centralized exchange interactions.
