PANews reported on May 5 that according to Cointelegraph, a wallet address marked as an early participant in the Ethereum ICO has once again executed a sale operation.

The address has recently transferred and sold 1,500 ETH, which is worth about $1.76 million at the current price. Data shows that the address has been selling since it ended its long-term dormancy on April 17 this year. So far, a total of 16,500 ETH has been sold, with a total value of about $29.35 million, and an average selling price of about $1,779 per ETH.

After completing this sale, the wallet address still holds 13,500 ETH, currently worth approximately US$24.82 million.