A Whale Who Profited Over $237.7 Million from Participating in the BAT ICO Resurfaces after 6 Years, Selling 12,600 ETH in the Past Two Days

BlockBeats News, June 25th, according to EmberCN monitoring, a whale address that participated in the BAT ICO in 2017 and accumulated profits of approximately $23.77 million, has started selling ETH recently after 6 years of dormancy. In the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDC in exchange, with an average selling price of around $1636.

The whale invested 17,789 ETH in the BAT ICO in May 2017, receiving approximately 113.8 million BAT. Over the next two and a half years, the whale sold BAT at an average price of $0.245, earning around $23.77 million, some of which was exchanged for 27,586 ETH. Subsequently, the related ETH remained inactive for a long time until the recent resumption of sales. Currently, the address still holds about 15,000 ETH, worth around $24.29 million.