An early participant in the Ethereum token sale has transferred 2,000 ETH to Coinbase, according to on-chain analyst EmberCN (@EmberCN). The move happened about four hours ago and is worth roughly $3.77 million at current prices. EmberCN put the sender's original participation price at about $0.311 per ETH, which implies an initial cost of roughly $622. That works out to a book return of about 6,060 times at the time of the transfer.
An early participant in the Ethereum token sale has transferred 2,000 ETH to Coinbase, according to on-chain analyst EmberCN (@EmberCN). The transaction was flagged about four hours ago. At current prices, the batch is valued at around $3.77 million.
EmberCN estimated the sender's participation price at about $0.311 per ETH, which implies an initial cost of roughly $622 for the 2,000 ETH. At the time of the transfer, that puts the book return at approximately 6,060 times.
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