Crypto NewsEthereumETH Whale Participating in Ethereum's Initial Coin Offering Made a Large Transfer...

ETH Whale Participating in Ethereum's Initial Coin Offering Made a Large Transfer to Kraken! Details Here

An investor who participated in Ethereum's initial coin offering (ICO) transferred 2,300 ETH to the Kraken exchange today.

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According to onchain data analysis firm Lookonchain, an investor who participated in Ethereum's initial coin offering (ICO) transferred 2,300 ETH to the Kraken exchange today, completing a sale worth approximately $9.9 million. Following the transaction, 1,623 ETH remained at the address “0x845…a210c.”

The investor in question purchased 20,000 ETH for just $6,200 during the ICO in 2014. Today, the total value of these assets has reached approximately $86 million.

The address has also sold at different times in the past; it transferred 250 ETH in December 2024, 1,000 ETH in February 2024, and 3,000 ETH at the end of November 2023.

Ethereum price rose 1.64 percent in the last 24 hours to reach above $4,300, reaching its highest level since December 2021.

In the Ethereum ICO held between July 22 and September 2, 2014, more than 60 million ETH were sold at an average price of $0.31, raising $18.3 million.

This investment has delivered over 12,000 percent ROI to ICO participants based on current prices.

*This is not investment advice.

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