Ethereum ICO Participant Turns $6,200 into Millions with Timed Sales
Main Idea
An early Ethereum ICO participant sold 2,300 ETH for $9.9 million, with their initial $6,200 investment now valued at approximately $86 million, highlighting significant gains from Ethereum's price surge.
Key Points
1. An investor sold 2,300 ETH for $9.9 million, leaving a balance of 1,623 ETH in their address.
2. The investor initially acquired 20,000 ETH for $6,200 during Ethereum's ICO, now worth around $86 million.
3. Ethereum's price recently surpassed $4,300, marking a 2% increase in 24 hours and reaching its highest level since December 2021.
4. The investor previously sold 3,000 ETH in November 2023, 1,000 ETH in February 2024, and 250 ETH in December 2024.
5. Ethereum's ICO in 2014 sold over 60 million ETH at an average price of $0.31, raising $18.3 million, with early investors seeing gains exceeding 12,000 times.
Description
Ethereum investor sold 2,300 ETH for $9.9 million, with earlier ICO at $6,200. Address strategically sells ETH in periodic, limited transactions over years. Continue Reading: Ethereum ICO Participant Turns $6,200 into Millions with Timed Sales The post Ethereum ICO Participant Turns $6,200 into Millions with Timed Sales appeared first on COINTURK NEWS .
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