ETH ICO whale sells another 1,000 ETH at a cost of just $0.31, cashing out nearly $900 million in the past month

Odaily Planet Daily reported that, according to on-chain analyst Ai Yi, the “ETH ICO 1 Million ETH Whale” directly sold 1,000 ETH on-chain eight hours ago, with a transaction value of $2.61 million and a holding cost of only about $0.31 per ETH.
Since July 2024, this whale has cumulatively sold 358,599.97 ETH, cashing out approximately $897 million in total. The address currently still holds 23,619 ETH, which is worth about $61.56 million at the current price.