Early Ethereum Investor Sells 20,000 ETH Worth $58M

An early Ethereum investor has sold 20,000 $ETH through FalconX, totaling approximately $58.14 million. The original ICO allocation of 254,908 $ETH cost only $79,000, meaning the holdings are now worth around $757 million—a staggering 9,582x return. This high-profile sale highlights continued activity from early Ethereum participants even as ETH trades below $3,000 amid market volatility.