Ethereum Charity Fund Endaoment Sold Nearly 3,700 ETH, Funds Came from an Ethereum ICO Whale
Odaily reported that the Ethereum-based charity fund Endaoment sold 3,690 ETH in a single transaction 9 hours ago, generating $12.47 million in revenue. This is their first ETH sale in 10 months and the largest sale ever. It is worth noting that these ETH came from an Ethereum ICO participant who received 100,000 ETH at the time of the Genesis Block in July 2015. To date, the participant has sold 14,990 ETH at an average price of $2,409, including 13,190 ETH sold through Endaoment. The participant currently holds 85,000 ETH, worth approximately $293.8 million, in two wallets.