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$ETH ICO WHALE SELLS $23 MILLION – 10-YEAR HOLDER JOINS STRING OF EARLY INVESTORS TAKING PROFITS
An early Ethereum ICO participant sold $23 million worth of ETH on Thursday – adding to a string of recent moves by long-term holders trimming positions.
The pattern: Earlier this week, a separate ICO-era wallet sold around 15,002 ETH (roughly $31 million) after a decade-long hold, transferring funds to Coinbase while still retaining a sizable balance.
ETH price: Trading near $1,917, up 0.22% today – but remains more than 50% below its August 2025 peak of around $4,900.
The broader context: More than 30 large ETH holders have trimmed positions in recent weeks, according to on-chain analysts. The selling pressure comes as Ethereum staking hits record levels and institutional adoption continues.
👇 Are you holding or selling ETH? Type HOLDING or SELLING.
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