According to TechFlow, on October 5, according to Ember monitoring, Cosmos developer Interchain Foundation has continued to sell the Ethereum raised in its ICO recently.
According to on-chain data, the foundation sold 4,000 ETH worth approximately $9.5 million in the past 27 hours.
In the more than five months since the end of April 2024, the foundation has sold a total of 15,100 ETH with a total value of approximately US$37.09 million.
Cosmos raised approximately $17 million through its ICO in April 2017, including 4,882.7 bitcoins and 246,891 ethers.
Over the past seven years, the foundation has sold 4,499 bitcoins and 223,305 ethers, raising about $132.2 million. Currently, the foundation still holds 383.8 bitcoins and 23,587 ethers, with a market value of about $80.86 million.
