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ICO Era Whale Buys ETH at $2,794 as Ethereum Price Now Sits At $2,720

Summary by Bitcoin.com
A wallet linked to an Ethereum initial coin offering (ICO) participant swapped $23.7 million in stablecoins for 8,492.8 ETH on Sept. 21, six months after selling ETH near $2,010. Four Orders in Eight Minutes The trade surfaced through onchain analyst ai_9684xtpa, who described the buyer as an ICO-era whale re-entering the market after half a […]
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A portfolio linked to the ICO of Ethereum purchased 8,492,8 ETH for USD $23.73 million, while other whales and corporate treasury also increase their exposure to the asset. *** A portfolio of the ICO era executed four orders at Cow Swap and acquired 8,492,8 ETH at an average of USD $2,794. ETH reached USD $2,807, its first listing on USD $2,800 since January 2026, although the purchase recorded an initial loss. Another entity accumulated 21,520 …

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Tuesday, September 22, 2026.
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