Odaily News According to Lookonchain monitoring, a whale with 398,891 ETH ($1.14 billion) started selling today after more than 8 years of dormancy. In the past 6 hours, 13,400 ETH ($37.38 million) have been sold, with an average selling price of $2,790. On-chain monitoring identified 28 wallets, all of which began accumulating ETH in January 2016, with an average ETH cost of about $3.5. All 28 wallets transferred ETH to new wallets in August 2016, and these 28 wallets are likely to belong to the same whale.