An early Ethereum investor recently sold 4,000 ETH worth approximately $9.7 million through wallet address 0xe927. This transaction involved assets originally acquired during Ethereum’s initial coin offering phase.
The investor’s wallet obtained 100,000 ETH during Ethereum’s ICO with a total investment of $31,000. Following this latest sale, the remaining ETH holdings in the address are valued at nearly $243 million based on prevailing market prices.
This activity underscores Ethereum’s staggering appreciation since its ICO period, highlighting the substantial returns achieved by early participants in the blockchain project. The transfer draws attention to the continuing market influence of long-term ETH holders with significant positions.