## Ethereum ICO Whale Sells $22.15M in ETH An early Ethereum investor has recently sold a significant amount of their ETH holdings. According to on-chain analyst EmberCN, the Ethereum whale has sold 8,510 ETH ($22.15M) over the past two days. This brings their total ETH sales to 23,510, leaving them with a balance of 130,966 ETH ($342.87M). The whale initially purchased 150,000 ETH during the 2015 Ethereum ICO. This means they have now sold approximately 16% of their original holdings. The reasons for the sale are unknown, but it could be a sign that the whale is taking profits or rebalancing their portfolio.