Ancient ICO-Era Whale Transfers 1,500 ETH to Exchange, Cost Basis Just $0.31

On October 26, according to monitoring by @ai_9684xtpa, the ancient whale address 0x6C6…d2941 from the Ethereum ICO period has recently deposited a total of 1,500 ETH, worth approximately $3.46 million, into an exchange.

The address initially purchased 100,000 ETH at a cost of $0.31 each, and in February 2016, it allegedly sold 50,000 ETH at an average price of $5.47, worth approximately $273,000, with a return rate of about 1,664% at that time. If the ETH deposited this time is sold, the return rate would reach approximately 744,017%.

[BlockBeats]