According to @lookonchain, an Ethereum ICO participant who originally bought 100,000 ETH for $31,000 has recently sold 4,283 ETH worth about $18.97M. The same wallet has sold 44,284 ETH totaling roughly $105M since 2021 at an average sale price of $2,378, according to @lookonchain. The address still holds 55,716 ETH valued around $261.6M, with an estimated total profit of about $366.8M representing an 11,835x return, according to @lookonchain. These wallet flows indicate continued distribution from an early holder and provide a historical reference level near $2,378 for evaluating realized sell-side activity, according to @lookonchain.

According to @lookonchain, an Ethereum ICO participant who bought 100,000 ETH for $31,000 recently sold 4,283 ETH for $18.97 million, source: Lookonchain. Since 2021, this wallet has sold 44,284 ETH totaling $105 million at an average exit price of $2,378, source: Lookonchain. The address still holds 55,716 ETH valued at $261.6 million, source: Lookonchain. Cumulative profit is approximately $366.8 million, representing an 11,835x return, source: Lookonchain.