Ethereum Charity Fund Endaoment Sold 3,690 ETH, Funds Come from an Ethereum ICO Whale
According to Spot On Chain, a charity fund named Endaoment based on Ethereum sold 3,690 ETH in a single transaction, earning $12.47 million in revenue, 9 hours ago. This is the first time they have sold ETH in 10 months and it is also the largest sale ever. It is worth noting that these ETH came from an Ethereum ICO participant who received 100,000 ETH when the genesis block was created in July 2015.
As of now, the participant has sold 14,990 ETH at an average price of $2,409, with 13,190 ETH sold through Endaoment. Currently, the participant still holds 85,000 ETH in two wallets, worth about $293.8 million.
Currently, the participant still holds 85,000 ETH in two wallets, worth about $293.8 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitdeer Reports a 3% Drop In Self-Mined Bitcoin Production
US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto
Job Seekers Beware: Fraudulent Offers Conceal Dangerous Crypto Malware
Bitcoin Heads to $90K as Crypto Selloff Gathers Steam