According to on-chain analyst Ai Auntie, an address nicknamed “Ancient Whale of the ETH ICO 25.49 Million” reportedly moved 20,000 ETH after an eight‑month hold, valuing about $58.14 million at current prices, with a cost basis as low as $0.31 per token. The note highlights how on-chain analytics shape investor perception.
About ten hours later, the same wallet allegedly deposited 20,000 ETH into FalcoinX at $2,906.79 per ETH; the last exchange transfer occurred when the price was around $1,452.04. Such movements reflect token custody decisions rather than overarching market signals.
On-chain data show the wallet still holds 3,070 ETH, roughly $9.07 million, signaling a sizable remaining stake. Ongoing transfers will be watched for implications on Ethereum liquidity and exchange flows.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-allegedly-sells-20000-eth-for-58m-at-0-31-still-holds-3070-eth-on-chain-ai-auntie-says
