According to PANews, Spot On Chain monitoring showed that the crypto charity community foundation Endaoment sold 3,690 ETH on the Ethereum network, with a transaction volume of US$12.47 million.
This is Endaoment’s first ETH sale in 10 months and also its largest. The ETH came from a participant in the Ethereum Genesis ICO in July 2015.
The participant received a total of 100,000 ETH and has currently sold 13,190 ETH through Endaoment at an average price of $2,409. He also holds 85,000 ETH in two wallets, worth approximately $293.8 million.
