Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to $154M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2024
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Source: Yahoo Finance
Whale Activity: A whale who received 1 million ETH from the 2014 ICO has deposited a total of 48,500 ETH, worth over $154 million, to the crypto exchange OKX in the past 35 days, indicating potential plans to sell or diversify holdings.
Current Holdings: The wallet still retains over 15,600 ETH, valued at $41 million, while ETH prices have decreased by 14% in the last month.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
