After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out.
A participant in the Ethereum initial coin offering (ICO) continues to sell thousands of Ether tokens after dumping $24 million in the cryptocurrency a few months ago.
An Ethereum ICO whale sold another 3,000 Ether (ETH) on Oct. 24, cashing out more than $7.6 million, according to a report by the blockchain analytics service Lookonchain.
The same address previously sold 7,000 ETH in July, triggering a subsequent 15% drop in ETH price, Lookonchain noted.
