Lookonchain said that an Ethereum ICO participant identified as 0xd64A sold 11,552 ETH worth $23.42 million at an average price of $2,027 within the past hour. The tracker said the wallet traces back to Ethereum’s ICO, where the holder spent about $12,000 to acquire 38,800 ETH at $0.31.
An Ethereum ICO participant (0xd64A) sold 11,552 $ETH($23.42M) at $2,027 in the past 1 hour.
This OG invested $12K in the Ethereum ICO to buy 38,800 $ETH($79.54M now) at $0.31.https://t.co/DtIKN4mEpLhttps://t.co/jD80KlqcvB pic.twitter.com/I08Lce3VEq
— Lookonchain (@lookonchain) March 27, 2026
Etherscan shows the address sent 18,500 ETH at 03:50:59 UTC on March 27 to 0xBE4265E1… and transferred 1 ETH to the same destination minutes earlier. The move stands out as another round of profit-taking from an early holder, especially because the same wallet also sent 1,500 ETH to that address in March 2025.
The immediate focus is whether the receiving wallet moves more ETH or whether additional sales follow. For now, the on-chain trail shows fresh activity from an early-era wallet, giving the market another reminder that legacy holders can still introduce meaningful supply when they decide to act.
Source: Etherscan; Lookonchain on X.
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