{"id":16035,"date":"2024-08-12T17:28:09","date_gmt":"2024-08-12T14:28:09","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-ico-whale-transfers-154-million-in-eth-to-okx-in-a-month\/"},"modified":"2024-08-12T17:28:09","modified_gmt":"2024-08-12T14:28:09","slug":"ethereum-ico-whale-transfers-154-million-in-eth-to-okx-in-a-month","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-ico-whale-transfers-154-million-in-eth-to-okx-in-a-month\/","title":{"rendered":"Ethereum ICO Whale Transfers $154 Million in ETH to OKX in a Month"},"content":{"rendered":"<p>During the night of August 11-12, a whale who acquired 1 million ETH during the ICO transferred 5,000 coins ($13.2 million) to OKX. Over the month, the whale sent 48,500 ETH ($154 million) to the exchange at an average price of $3,176, according to analysts at Lookonchain.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A whale who received 1M <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> in <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> ICO at a price of $0.31 deposited 5,000 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($13.2M) to <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&#038;ref_src=twsrc%5Etfw\">#OKX<\/a> again 12 hours ago.<\/p>\n<p>This whale has deposited 48,500 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($154M) to <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&#038;ref_src=twsrc%5Etfw\">#OKX<\/a> at an average price of $3,176 in the past month.<a href=\"https:\/\/t.co\/4AN8voWrFE\">https:\/\/t.co\/4AN8voWrFE<\/a><a href=\"https:\/\/t.co\/u1zjZ01Ez4\">https:\/\/t.co\/u1zjZ01Ez4<\/a> <a href=\"https:\/\/t.co\/ZDsFCcFiTk\">pic.twitter.com\/ZDsFCcFiTk<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1822894740381257965?ref_src=twsrc%5Etfw\">August 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The first transaction of 1 ETH from the mentioned address was recorded 35 days ago, likely as a test transfer to verify the address.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfwJ4sLx-9B5GHLJQsWSWeGVDfLlfwdzyMcshvMoWAnhlCOYvMgV5Io-DaVb05gY2X7UmC5XZt7Ajk6CNaF7kUqoPvCGGuEPjSvG0KTEg7icSvBijkctDroYIaUbg37EajGUwWLeT71TYi1-99OtDL1ZDga?key=iot-5Xb05zGjJomM8KVQpQ\" alt=\"\u041a\u0438\u0442 \u0432\u0440\u0435\u043c\u0435\u043d ICO Ethereum \u0437\u0430 \u043c\u0435\u0441\u044f\u0446 \u043f\u0435\u0440\u0435\u0432\u0435\u043b $154 \u043c\u043b\u043d \u0432 ETH \u043d\u0430 OKX\"\/><figcaption class=\"wp-element-caption\">First ETH transfer. Data: <a href=\"https:\/\/etherscan.io\/address\/0xe17e2774c8b2453172fb3b44e9f822c718fa0ab7#internaltx\">Etherscan<\/a>.<\/figcaption><\/figure>\n<p>Subsequently, the user periodically sent thousands of coins. The address still holds 15,600 ETH ($41.8 million).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfB5M0bYQt7wkfUSj2mo9ezvrTi8ZJRT_Se6OFsyYStwYnwZ71s094D6Yw1y_RBw8uehzF16JZQpSdiPUshfTmqOVlcXGcQtrptSlQUSurAYpgjU1X6TuNvgJM31HvYQOVwOLGYra79IUCOqZ1hYSdwvp8?key=iot-5Xb05zGjJomM8KVQpQ\" alt=\"\u041a\u0438\u0442 \u0432\u0440\u0435\u043c\u0435\u043d ICO Ethereum \u0437\u0430 \u043c\u0435\u0441\u044f\u0446 \u043f\u0435\u0440\u0435\u0432\u0435\u043b $154 \u043c\u043b\u043d \u0432 ETH \u043d\u0430 OKX\"\/><figcaption class=\"wp-element-caption\">Chart of ETH transfers by the whale to the exchange. Data: Lookonchain.<\/figcaption><\/figure>\n<p>The whale acquired ETH in 2015 at a rate of $0.311. According to <a href=\"https:\/\/x.com\/EmberCN\/status\/1822792621322047522\">EmberCN<\/a>, the whale still controls &#8220;up to 682,000 ETH&#8221; ($1.8 billion) across various addresses.\u00a0<\/p>\n<p>The identity behind the monitored wallet remains unknown. A community member suggested that the transactions might have been conducted by one of Ethereum&#8217;s co-founders: Vitalik Buterin, Joseph Lubin, or Anthony Di Iorio.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"tl\" dir=\"ltr\">Lubin, Vitalik or DiLorio burner wallet<\/p>\n<p>\u2014 TJ (@_TeeJJ_) <a href=\"https:\/\/twitter.com\/_TeeJJ_\/status\/1822911785240047990?ref_src=twsrc%5Etfw\">August 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In April, an Ethereum ICO participant <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-ico-participant-transfers-1069-eth-to-kraken\">transferred<\/a> 1,069 ETH to the Kraken exchange.<\/p>\n<p>In March, a wallet dormant for nearly 12 years <a href=\"https:\/\/forklog.com\/en\/news\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\">moved all its 500 BTC<\/a> worth nearly $35 million. The user received the first cryptocurrency on July 14, 2012, at a price of $7.57.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the night of August 11-12, a whale who acquired 1 million ETH during the ICO transferred 5,000 coins ($13.2 million) to OKX. Over the month, the whale sent 48,500 ETH ($154 million) to the exchange at an average price of $3,176, according to analysts at Lookonchain.\u00a0 A whale who received 1M $ETH in #Ethereum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,319],"class_list":["post-16035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-ico"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16035"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16034"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}