The ancient whale address that hoarded nearly 400,000 ETH at an average price of $6 sold about 73,300 ETH in the past half month
Lookonchain monitoring shows that a whale address accumulated 398,889 ETH (valued at $2.4 million at the time) at an average price of only $6 between January 18 and March 10, 2016. After more than 8 years of dormancy, the whale address was reactivated on November 7 and began selling, with 73,356 ETH sold so far (about $224 million), leaving 325,533 ETH (about $1.1 billion).
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