Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
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
  • USDS0%
  • BAT0%
  • ETH0%
  • USDC0%

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.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change