Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week

BlockBeats News, December 2nd. According to on-chain analyst Ai Auntie (@ai_9684xtpa), the Ethereum ICO whale with 254,900 ETH has reportedly sold another 3,000 ETH after a week, worth $8.4 million, and is close to liquidation.

The OG whale has deposited a total of 23,000 ETH to exchanges in the past week. If sold, they would profit $66.53 million at a cost as low as $0.31 per ETH. Currently, only 69.83 ETH is left on-chain, equivalent to about $195,000.