11-8-2025 – An Ethereum whale from the 2014 initial coin offering (ICO) sold 3,367 ETH, valued at approximately $10.16 million, on October 24, 2025, first reported by Onchain Lens. This transaction marks another significant move by early investors cashing out substantial holdings, contributing to a series of high-value ETH sales in recent months. The whale, holding assets since Ethereum’s ICO when ETH was priced at $0.31, has now sold over 21,600 ETH since April 2024, totaling more than $95 million, according to Cointelegraph.
Despite these sales, the investor retains 37,070 ETH, worth roughly $94 million at current prices. The market absorbed this latest sale with minimal disruption, with ETH dipping only 2.4% to $2,521, reflecting resilience compared to a prior 7,000 ETH sale in July that triggered a 15% price drop. These large-scale liquidations coincide with Ethereum’s evolving market dynamics, including the upcoming Pectra upgrade and record ETF inflows, such as BlackRock’s ETHA fund, which saw $300 million in daily inflows in July.
