Latest Update
2026-10-22 18:59 UTC

Lookonchain: Ethereum OG Sells 3000 ETH for 128x Return

Lookonchain: Ethereum OG Sells 3000 ETH for 128x Return

Lookonchain reports an Ethereum early holder sold 3000 ETH bought nine years ago at $18.83, locking in a 128x return on the $7.23 million position.

Source

Analysis

Lookonchain flagged an EthereumOG address that offloaded 3,000 $ETH purchased at $18.83 in 2017, realizing a 128x gain as the tokens reached a current value of $7.23 million.

Ethereum trades at $2408.45 inside its Bollinger Bands while the EMA50 at $2439.77 and EMA200 at $2508.83 cap upside, and the MACD death cross at -6.29 keeps momentum bearish; any test of the upper band near $2506.18 would likely meet selling pressure before price can challenge the moving-average resistance cluster.


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