TechFlame reports that on December 2, according to on-chain analyst Ai Yi (@ai_9684xtpa), an ancient whale holding 254,900 Ethereum ICO tokens sold another 3,000 ETH, worth $8.4 million, after a week-long interval.

Over the past week, this whale has deposited a total of 23,000 ETH into exchanges. If all were sold, the profit would reach $66.53 million, with an acquisition cost as low as $0.31 per ETH. Currently, the address holds only 69.83 ETH on-chain, approximately $195,000, nearing a complete sell-off.