Ancient ETH Whale Linked to ICO Moves 2,000 ETH to Kraken, Yielding Over 12,778x Return
An Ethereum whale linked to the project's ICO transferred 2,000 ETH worth $7.92 million to Kraken on October 30, on-chain data show. The wallet originally acquired 310,000 ETH during the ICO at $0.31 per ETH and still holds around 15,000 ETH valued at $58.73 million. If sold, the position would realize a return exceeding 12,778 times the initial investment, according to on-chain analyst Ai Auntie (@ai_9684xtpa).