TechFlow reports on March 4 that, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address from the Ethereum ICO has transferred 6,022 ETH—worth approximately $12.34 million—to an address associated with the Ethereum Foundation (0x22d...01246) two hours ago.
Over the past two years, this whale has cumulatively transferred 105,522 ETH to its current address, primarily used for LRT protocol staking.
Currently, the whale still holds 280,000 ETH acquired during the Ethereum ICO at a cost of $0.31 per ETH, distributed across three addresses:
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Multisig address 0x207...6a7f7: holding 139,678 ETH
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Multisig address 0xe08...5ca18: holding 55,000 ETH
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Address 0x22d...01246 (associated with the Ethereum Foundation): holding 85,622 ETH
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