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An early Ethereum participant sold 3000 tokens ETH, with reports saying the return reached 128 times.
An Ethereum whale OG sells 9 purchased years ago 3000 tokens ETH, achieving a return of 128 times
PANews October 23 reported that, according to Lookonchain monitoring, an 9 years ago at a 18.83 USD price to purchase 3,000 ETH(currently valued at 7230000 USD) Ethereum whale OG sold them today, realizing a 128-fold return.
Source: https://www.panewslab.com/zh/articles/01a166b4-9536-7047-a1e5-cfddcddaf61c
PANews reported on October 23 that Lookonchain detected an “Ethereum whale OG” selling 3000 tokens ETH。
This individual 9 years ago at a 18.83 USD price purchased 3000 tokens ETH。
The reported batch of ETH is currently valued at 7230000 USD, with a return of 128 times.
The following is analysis, separate from reported facts. Verify important claims independently.
The report describes a transaction involving an early purchase ETH followed by a sale; a “128-fold return” means that the reported sale return increased substantially relative to the purchase price.
Large-scale ETH sales and their returns have drawn market attention, but the evidence does not provide a direct transaction hash.
It can help beginners understand the relationship between purchase price and return multiples when early buyers sell crypto assets.
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