Early Ethereum Investor Reduces Holdings: Selling Continues

An early Ethereum investor known as ‘2015 ICO 100,000 ETH OG’ has initiated another round of selling their holdings, this time shedding a significant portion of approximately 612 ETH. This action follows a previous sell-off that resulted in the investor unloading another 612 ETH valued at $1 million. The investor acquired these tokens at a cost of $0.31 each. As they continue to liquidate their holdings, their current Ethereum portfolio totals 29,577 ETH, with an estimated worth of around $47.98 million. With the current selling rate averaging approximately 630 ETH every two days, it’s projected that these remaining tokens will be liquidated over the course of the next three months.