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Alexander Zdravkov

Early Ethereum ICO Participant Sells $60 Million in ETH as Top 1% Increase Holdings to 97.6%

A wallet linked to Ethereum's 2014 initial coin offering transferred $60 million in ETH to exchanges this week, extending a gradual sell-off that started in September. On-chain data shows the top 1% of Ethereum addresses now control 97.6% of circulating supply, up from 96.1% a year ago, reflecting sustained accumulation by large holders during the recent market downturn.
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