Ethereum ICO participant deposits 1,500 ETH to exchange
CIE News ·
Based on reporting by crypto.news; not yet independently confirmed.
Trackers reported an early Ethereum investor deposited 1,500 ETH worth $3.48 million to an exchange on October 27, 2026, alongside movements of over $100 million in stablecoins.
A long-dormant Ethereum (ETH) ICO participant deposited 1,500 ETH, valued at roughly $3.48 million, onto a centralized exchange over an eight-hour window on October 27, 2026, according to crypto.news citing Lookonchain. The whale originally purchased 100,000 ETH at an initial price of $0.31 per token during Ethereum's early sale. KuCoin reported via on-chain analyst Aunt Ai that the entity transferred up to 3,000 ETH to exchanges and routed over $100 million in stablecoins to major exchanges, market makers, and OTC desks over a 24-hour span, leaving 47,000 ETH in on-chain wallets.
Key facts
- 1,500 ETH deposited
- $3.48 million value
- $0.31 ICO purchase price
- Over $100M stablecoins moved
Read the original at crypto.news