Early Ethereum ICO investors moved to sell fresh batches of his stash as prices traded near multi-year highs. The blockchain record shows a wallet that purchased 100,000 ETH for around $31,000 during its 2014 ICO, selling 4,283 ETH. According to data from LookonChain, this recent transaction is worth around $18.97 million.
Ethereum whales sales from 2021 onwards
It is worth noting that the same address has been selling consistently since 2021. In total, we have offloaded 44,284 ETH with an average price of $2,378 over the last few years.
These sales generated profits of approximately $105 million. Despite the massive disposal, investors still carry 55,716 ETH, valued at around $261.6 million at current prices.
Recently, #Ethereum ICO participants ($31K) who purchased 100k $ETH ($31K) have sold $4,283 ($18.97 million) again.
He has sold $44,284 ($105 million) with an average price of $2,378 since 2021, leaving $55,716 ETH ($2,616 million).
Total profit is ~366.8m, a return of 11,835 times! …pic.twitter.com/c7xwhhh4nn
– lookonchain (@lookonchain) August 13, 2025
Ethereum prices have risen dramatically in recent weeks, trading around $4,670.70 as of press time. This marks profits of over 6.05% over the last 24 hours. In particular, the rally increased the market value of Ethereum to around $56.387 billion, and took that forward Major companies such as Netflix and MasterCard.
More importantly, both retailers and large institutions have been added to the position, and corporate readiness plans are a factor that is currently increasing in the market.
Ethereum price targets and institutional demand
There are standard chartered items Ethereum predictions have been raisedand now we expect it to reach $7,500 by the end of 2025. The bank's previous target was $4,000, and revised its 2028 forecast from $7,500 to $25,000.
This view is linked to the announced Corporate Reservation Plan, which could bring the general plan holdings to $30.4 billion.
Its current holdings are estimated at $75.9 billion. Mining Company Bitmine We outlined the largest allocations with plans to acquire ETH worth $22 billion, or about 5% of the total supply.
Meanwhile, Ark Invest CEO Cathie Wood is still positive about Ethereum. Some analysts believe that if demand continues to increase, ETH could one day reach $22,000. Ethereum's market remains aggressive and attracts a lot of attention as long-term holders plan to sell for profit and buy large investors in bulk.
