An Ethereum ICO participant has sold another 19,000 ETH in the past two days, worth about $47.54 million at current prices.

- This person received 150,000 ETH from the ICO for just $46.5K.

- They recently transferred 12,010 ETH worth $31.6 million to Kraken after more than two years of inactivity.

- This investor's original ETH was worth over $358 million before these large transactions.

The Ethereum ICO ran from July to September 2014, raising $18 million. When Ethereum launched in July 2015, 80% of the tokens were distributed to early contributors.

- Last month, another Ethereum address broke its nine-year silence by depositing 5 ETH to Kraken.

- The market is experiencing fear, uncertainty and doubt (FUD) as the price of Ether plummets, currently below $2,400.

However, institutional investors remain interested in Ethereum, with $14.45 million pouring into Ether ETFs on October 2.

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