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Whale continues 4M dumping spree with 5K ETH deposit to OKX

Whale continues $154M dumping spree with 5K ETH deposit to OKX

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Source: Coin Telegraph

Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.

An Ethereum whale address has been offloading Ether worth millions, with the latest move being a $13.2 million deposit to the OKX exchange. 

On Aug. 12, blockchain analytics platform Lookonchain flagged that an address deposited 5,000 ETH, worth about $13.2 million, deposited the funds into OKX. The Ether (ETH) whale has regularly deposited millions in ETH to OKX for over 30 days.

The wallet reportedly belongs to a whale who received 1 million ETH during the Ethereum initial coin offering (ICO).

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Author: Ezra Reguerra