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POAP Founder Patricio Worthalter Sells 2,000 ETH for 4.53 Million USDC

The sale averaged $2,269 per ETH, and Worthalter sent the USDC to an address beginning 0x95A.

By Enna Lee
Published
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An anonymous hand holds a phone with a dark wallet screen / TokenPost.ai (macro)
An anonymous hand holds a phone with a dark wallet screen / TokenPost.ai (macro)

POAP founder Patricio Worthalter sold 2,000 Ether (ETH) for 4.53 million USDC at an average price of $2,269 per ETH.

The sale took place about 10 hours before the Nov. 2 update. Worthalter then transferred the USDC to a wallet address beginning 0x95A.

In October, Worthalter transferred 18,000 ETH to Gemini over nine days. His wallet held 41,468 ETH after those transfers, a historical balance that predates the latest sale. TokenPost previously covered the nine-day Gemini transfers.

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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