Ethereum ICO whale sells $32.3M in ETH

An anonymous whale address starting with 0xBE4 that bought 38,800 ETH during Ethereum’s 2015 ICO sold 16,700 ETH worth $32.3 million, according to ai_9684xtpa. The source said the address had bought 8,630.71 ETH on Sept. 21 at an average price of $2,742.41, while the average sale price in the latest transaction was $1,934.63. The sale implies a loss of about $6.97 million on that portion, although the whale’s average ICO purchase price was $0.31, meaning overall gains were only slightly reduced.