Early Ethereum Whale Liquidates $9.9 Million Worth of Ether

A prominent Ethereum whale has executed a significant transaction, selling 2,300 ETH worth approximately $9.9 million. The sale marks the latest in a series of moves by this early investor who bought a substantial amount of ETH during the 2014 Genesis ICO for only $6,200. This investment now stands at around $6.99 million today, after a massive increase in value over time. However, the whale has not entirely exited the market, as they still hold a considerable portion of their original ETH holdings—1,623 ETH worth roughly $6.99 million.