Lookonchain
Ethereum wallet 0xa2F6 sold another 13,330 ETH, worth $36.37 million, after six months. The holder bought 170,000 ETH through Ethereum’s ICO at $0.31 each, spending $52,700, according to the seed figures.
Why it matters
The latest sale draws attention to the supply held by early Ethereum participants. The wallet’s ICO allocation is valued at $461.4 million in the seed, underscoring how early holdings can become substantial sources of potential market supply.
Market impact
The 13,330 ETH sale is a concrete transaction, but it does not by itself show whether the holder plans further sales. Traders will be watching for additional activity from the wallet as they assess selling pressure on ETH.
Frequently asked questions
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How much ETH did wallet 0xa2F6 sell?
The Ethereum OG wallet sold 13,330 ETH, valued at $36.37 million.
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When did the wallet last sell before this transaction?
The sale followed a six-month pause.
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How much ETH did the holder acquire through Ethereum’s ICO?
The holder bought 170,000 ETH through the ICO at $0.31 per ETH.
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What was the holder’s reported ICO cost?
The 170,000 ETH purchase cost $52,700, according to the seed.
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Does this sale confirm that the wallet will sell more ETH?
No. The transaction is notable, but it does not establish whether the holder plans additional sales.
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