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📰 【An early Ethereum whale transfers out 10,000 ETH for the first time in ten years, worth about $22.88 million】
BlockBeats news, April 29, according to EmberCN monitoring, a certain whale that participated in Ethereum’s ICO in 2015 and obtained 10,000 ETH made its first transfer after holding for 10 years, sending these 10,000 ETH (worth $22.9 million) to address 0xCD59. The ICO price of ETH that year was $0.311. At the time, 10,000 ETH was worth $3,110, and it has since appreciated to $22.88 million.
Brothers, this news makes my heart race. The ETH bought for $3,110 ten years ago is now worth $22.88 million—a return of a full 70,000x. Whoever it is would want to cash out. Once these old OGs move, it’s like a bomb on-chain, showing they think the current price is already fat and satisfying. $ETH Whether this wave can hold or not depends entirely on whether the brothers who just entered can take this big pot—don’t end up standing guard at the high end, paying the bill for others. 👇👇👇👇👇