Ethereum Foundation-linked ICO wallet sells 7,594 ETH worth $17.79M

An Ethereum ICO participant linked to the Ethereum Foundation sold 7,594 ETH worth $17.79 million after a year of inactivity, according to onchain data. The wallet bought 200,000 ETH for $61,000 at $0.31 during the ICO and later received 42,654 ETH from the Ethereum Foundation when ETH traded at $13.82.