The whale that received 150,000 ETH from ICO sold 45,000 ETH in the past half month, about 113.2 million US dollars

BlockBeats reported that on October 8, according to Ember’s monitoring, the whale who received 150,000 ETH through ICO transferred another 5,000 ETH (US$12.22 million) to Kraken 4 hours ago. The whale has sold 45,000 ETH (US$113.2 million) in the past half month, with an average price of US$2,516.

So far, the whale has sold 60,000 ETH (US$149.68 million) of the 150,000 ETH he received through the ICO:

5,000 ETH at US$218 in July 2019 (US$1.09 million);
10,000 ETH at US$3,539 in June 2024 (US$35.39 million);
45,000 ETH at US$2,516 in September-October 2024 (US$113.2 million).

The number of ETH he currently holds is 94,540 (US$230 million). The extra 4,540 ETH are the staking income he obtained by depositing ETH on platforms such as Lido and Rocket Pool.