Slippage loss of approximately $1.37 million, 2015 Ethereum ICO whale sells 16,700 ETH

Odaily reports: According to monitoring by on-chain analyst Yu Jin, an OG whale (0xBE4…a0c5F) who participated in the Ethereum ICO in 2015 and subscribed for 38,800 ETH has just sold 16,700 ETH, with a transaction value of approximately $30.93 million. The sale was executed at a price of $1,852, while the market price of ETH at the time was $1,934, a price difference of approximately $82, resulting in a slippage loss of approximately $1.37 million. This address had previously sold 11,552 ETH at approximately $2,027 in March.