PANews June 25 news, according to monitoring by on-chain analyst Yu Jin, a whale that participated in the BAT ICO in May 2017 woke up after 6 years of dormancy the day before yesterday and began selling ETH.
- In 2017, it acquired 113.8 million BAT (ICO price $0.036) with 17,789 ETH ($4.12 million),
- Over the following two and a half years, it sold BAT at an average price of $0.245, netting a profit of $23.77 million, of which 35 million BAT were sold on-chain for 27,586 ETH.
- These ETH remained untouched until the day before yesterday, when it started selling; within two days, it sold 12,586 ETH for 20.59 million USDS at an average price of $1,636. The address still holds 15,000 ETH ($24.29 million).
