On July 2nd, according to lookonchain monitoring, an early investor who participated in the Ethereum Initial Coin Offering (ICO) sold 501 ETH 9 hours ago.
During the Ethereum genesis stage, he purchased 16,000 ETH through two wallets at a cost of $4,960, with an average price of approximately $0.31. Later, in 2017, he bought 804 ETH through an exchange at a price of $459 per ETH (with a cost of $369,000).
Since April 2021, he has cumulatively sold 14,394 ETH, cashing out approximately $50.11 million, with an average selling price of $3,482 per ETH. He currently still holds about 2,410 ETH, which is worth approximately $5.85 million at current prices.
The total profit is $55.6 million, with a return on investment of up to 149 times.
