Cosmos developer sells 3,000 Ethereum from ICO, adding to 21,600 ETH sold earlier

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5 months ago bitnews

A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH. Interchain Foundation holds 23,587