An Ethereum investor dating back to the initial coin offering era recently sold 1,000 ETH for approximately $2.61 million. This whale originally acquired tokens at $0.31 per ETH during ICO.
Despite the substantial sale, the holder continues to maintain a significant position of 23,619 ETH valued at approximately $61.56 million at current market rates. This partial liquidation while retaining core holdings exemplifies long-term investment strategies among Ethereum pioneers.
The whale activity offers insights into liquidity patterns across the Ethereum ecosystem, highlighting selective asset management approaches by early participants.