Ethereum Investor Unloads $4.15M Worth of Tokens After Three-Year Drought
An Ethereum investor has sold 2,250 ETH for approximately $4.15 million after keeping them inactive for three years.
The wallet '0x0874' accumulated these tokens more than eight years ago at an average purchase price of about $489 per token.
According to blockchain analytics platform Lookonchain, the sale occurred when Ethereum was trading at $1,855, representing a 47% decline over the past 12 months.