According to blockchain data monitoring, an early participant in the Ethereum ecosystem has become active again after two years of silence. The on-chain analysis platform Lookonchain reported on June 17 that the investor sold 501 ETH worth approximately $1.29 million in just one hour. Notably, despite this sale, the investor still holds 8,052 ETH in holdings, equivalent to about $20.43 million at current market value. This on-chain movement has attracted market attention and may signal that some long-term holders are beginning to adjust their portfolios.
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According to blockchain data monitoring, an early participant in the Ethereum ecosystem has become active again after two years of silence. The on-chain analysis platform Lookonchain reported on June 17 that the investor sold 501 ETH worth approximately $1.29 million in just one hour. Notably, despite this sale, the investor still holds 8,052 ETH in holdings, equivalent to about $20.43 million at current market value. This on-chain movement has attracted market attention and may signal that some long-term holders are beginning to adjust their portfolios.