Golden Finance reported that, according to on-chain analyst Yu Jin's monitoring, one hour ago, Cosmos developer Interchain Foundation continued to sell 3,000 ETH ($10.16 million) raised in the ICO in April 2017. Since the end of April this year, they have sold a total of 21,600 ETH ($55.97 million) at an average price of $2,591. They currently hold 383.8 BTC and 23,587 ETH, valued at $95.48 million. The Cosmos developers continue to sell ICO assets, but their token ATOM has been one of the worst-performing mainstream altcoins in this market cycle. It belongs to the type of asset that is still losing money since it was purchased when Bitcoin was at $16,000 (the price of ATOM was $10 when BTC was $16,000 at the end of 2022, and now the price of ATOM is $6.5).

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