# Early Ether Holder Moves $6.94 Million in ETH to Exchanges By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/41521 Published: 2026-10-27T01:43:29.000Z Updated: 2026-10-27T01:43:29.000Z Section: Investing > The holder still has about 47,000 ETH worth $109 million on-chain. The holder also moved more than $100 million in stablecoins. An early Ether (ETH) holder transferred 3,000 ETH, valued at $6.94 million, to exchanges in nearly 24 hours leading up to 9:35 p.m. ET Monday (01:35 UTC Tuesday). The transfers do not establish that the ETH was sold. The holder acquired [100,000 ETH during Ethereum’s 2015 initial coin offering]() at 31 cents per coin. About 47,000 ETH, valued at $109 million, remain on-chain. The holder also moved more than $100 million in stablecoins to exchanges, market makers and over-the-counter firms. The purpose of those transfers was not specified. ## Links in this article - [100,000 ETH during Ethereum’s 2015 initial coin offering](https://www.tokenpost.com/news/investing/39674)