Ethereum Whale Dumps 5K ETH Worth $12.2M

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The Ethereum ICO whale saga continues as the participant, who received 150,000 ETH during the Ethereum Genesis event, sold off another 5,000 ETH worth $12.22 million. This marks a continuation of their selling spree, which began on September 22. Since then, the whale has offloaded 45,000 ETH, valued at $113.2 million, at an average price of $2,516 per token. Currently, the whale holds 94.5k ETH, approximately $230.2 million worth of Ethereum, keeping the market on edge about their future moves.