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Ethereum wallet sells 16,700 ETH from 2015 ICO, losing $6.97M on recent trades

Market News
13 Nov 2026, 09:02 WIB
Tokenpost
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Bearish
Ethereum wallet sells 16,700 ETH from 2015 ICO, losing $6.97M on recent trades

An Ethereum wallet that originally acquired 38,800 ETH during the 2015 ICO sold 16,700 ETH in one transaction worth over $32.3 million. This sale represented about 43% of its original ICO allocation, which was purchased at just 31 cents per ETH. However, the wallet incurred a loss of approximately $6.97 million on 8,630.71 ETH bought recently at an average price of $2,742.41 but sold at $1,934.63 per ETH. This highlights the volatility and risk in digital asset trading even for long-held investments.

The 2015 Ethereum ICO wallet sold 16,700 ETH in a single transaction worth over $32.3 million. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 13, 2026 13:51 WIB: out of 50 major cryptocurrencies, 12 rose and 37 fell today. Notable movers include EOS up 8.13% at Rp12,649 with a typical hold time of 87 days, CAKE down 5.94% at Rp31,080 with 85% sell order activity, and BTC down 5.80% at Rp1,256,680,510 with 73% buy order activity and a typical hold time of 113 days.

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