An ICO participant holding 254,900 ETH sold another 3,000 ETH, nearly liquidating their entire holding.

According to Odaily Planet Daily, blockchain analyst Ai Yi reports that an address (0x2Eb...7B15) sold 3,000 ETH again within a week, worth $8.4 million. This address belonged to an ETH ICO participant, and the cost was $0.31.

In the past week, this address has deposited a total of 23,000 ETH into exchanges, which would yield a profit of $66.53 million if sold. Currently, its on-chain address has only 69.83 ETH remaining, worth approximately $195,000.