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ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline? 

CoinGape LogoCoinGape1d ago

ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline?  - CoinGape

Quick Summary:

An ETH ICO investor who participated in the project’s 2015 Initial Coin Offering has sold off 76,000 units of the digital currency, fueling speculations of what it means for Ethereum price..

This selloff, after a decade of HODLing has raised concerns in the digital asset market about the sentiment among foundational ETH whales.

Besides the ETH ICO investor selloff, general whale activity suggests institutional confidence is still growing.

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ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline?  - CoinGape (Picture 1)

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 17:20:47 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28337617

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 8 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline? " was covered 1 days ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 8 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #28337617
  • URL: https://onderwijs.beamstart.com/news/eth-ico-whale-offloads-76k-17462931228928

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