Pay Attention to the Movement That Came After 8.7 Years on Ethereum: He Bought at 31 Cents!

A whale who participated in the Ethereum Initial Coin Offering (ICO) became active again after 8.7 years by transferring 2,000 ETH. On-chain analytics platform Lookonchain revealed in a post on its official social media account on March 24th that a whale who bought 2,000 ETH during the Ethereum ICO transferred all the assets in their wallet to another cryptocurrency wallet after 8.7 years. According to the data, the whale moved 2,000 ETH worth $6.7 million to a new wallet on March 24th. Then, they transferred 25 ETH to the crypto exchange ChangeNow. The whale had bought all these assets at an average price of $0.31 during the Ethereum ICO. Considering the whale’s investment of $0.31 per ETH in 2015, these Ethereum are currently at an average profit of 11,129 times at the current price of $3,450.