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Early Ethereum Investor Sells 1,000 Ether

Early Ethereum Investor Sells 1,000 Ether

Photo: TokenPost

A holder sold 1,000 Ether (ETH) Saturday after buying 100,000 ETH for $0.31 each during Ethereum’s initial coin offering. The transaction describes one holder’s activity and does not establish a broader change in early investors’ behavior. The reported $0.31 figure is the holder’s acquisition price. It does not establish the price received for the sale. At 1:10 a.m. ET (05:10 UTC) Saturday, ETH traded at $2,378.17, down 0.81% over 24 hours. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Also reported by CoinTurk News.

Source: TokenPost

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