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Ethereum ICO Whale Moves $6M ETH After 8 Years

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Credit : coinpedia.org

An early Ethereum ICO participant has lastly moved 1,500 ETH value $6 million to the Kraken alternate after nearly 8 years of inactivity. This investor initially bought 20,000 ETH in the course of the ICO for about $6,220. The remaining 18,500 ETH they maintain is now valued at over $80 million, representing an enormous 12,971x return. This transfer highlights the unbelievable long-term positive factors that early Ethereum backers have seen because the community matured and developed.

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READ  Man Burns $1,300,000 Worth of Ethereum (ETH) With Cryptic Messages About ‘Brain-Computer Weapons’: Arkham

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