Ethereum ICO Whale Sends 617 ETH to Kraken After Selling 4,620 ETH in Two Weeks

According to on-chain analyst @ai_9684xtpa, an Ethereum ICO participant who received 100,000 ETH in 2015 has sold 4,620 ETH over the past two weeks at an average price of $2,592—potentially netting $11.97 million in profit. Four hours ago, the address sent another 617 ETH (around $1.58 million) to Kraken. The whale still holds 24,381 ETH, acquired at the original ICO cost of just $0.31 per ETH.