Early ETH ICO participant starts reducing holdings, has sold approximately $19.72 million worth of ETH

Odaily reported, according to monitoring by crypto analyst Ai Yi (@ai_9684xtpa), that an address had obtained 38,800 ETH via ICO in 2015. After being dormant for a year, it began transferring assets 45 minutes ago, moving 18,500 ETH to another address and selling 9,628.54 ETH on-chain at a price of around $2,049 per ETH, with the transaction amounting to approximately $19.72 million. The address still holds some ETH and may continue to transfer or sell assets in the future.