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POAP Founder Moves 4,000 ETH to Gemini After Six-Day Reduction

The transfer followed the sale of 8,000 ETH at an average price of $2,601, while the founder still held about 51,468 ETH valued at $129 million.

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Faceted silver token resting in a glass custody tray / TokenPost.ai
Faceted silver token resting in a glass custody tray / TokenPost.ai

POAP founder @worthalter moved 4,000 Ether (ETH) to Gemini on Oct. 10, following a six-day reduction of 8,000 ETH that brought the founder’s remaining holdings to about $129 million.

The transfer occurred roughly six hours before the update. The 4,000 ETH was valued at about $10.02 million at the time.

The earlier 8,000 ETH reduction occurred at an average price of $2,601. After the latest transfer, @worthalter still held approximately 51,468 ETH.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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