According to ChainCatcher, according to Ember monitoring, 27 hours ago, the Interchain Foundation, the developer of Cosmos, sold 4,000 ETH, worth about $9.5 million. The ETH sold this time was raised during the ICO in April 2017.

It is worth noting that in the more than five months from the end of April this year to now, the Interchain Foundation has sold a total of 15,100 ETH, with a total value of about $37.09 million. This series of operations has attracted widespread attention in the market.

Looking back at history, Cosmos developers raised about $17 million through ICO in April 2017, including 4,882.7 BTC and 246,891 ETH. This sale may have a certain impact on the market, and investors need to pay close attention to subsequent trends.