Time
02:28
A certain BAT ICO whale sold ETH after 6 years of silence, cashing out $20.59 million
June 25, 2026
CoinFeed News
CoinFeed June 25 news, according to on-chain analyst Yu Jin's monitoring, a whale who participated in the BAT ICO in May 2017 woke up after 6 years of dormancy the day before yesterday and began selling ETH. In 2017, it obtained 113.8 million BAT (ICO price $0.036) with 17,789 ETH ($4.12 million). Over the following two and a half years, it sold BAT at an average price of $0.245, profiting $23.77 million. On-chain, it sold 35 million BAT for 27,586 ETH. These ETH remained untouched until starting to sell the day before yesterday. Within two days, it sold 12,586 ETH, exchanging them for 20.59 million USDS at an average price of $1,636. The address still holds 15,000 ETH ($24.29 million).