Information from Lookonchain on February 20 indicates that an Ethereum investor who was involved in the 2014 ICO decided to sell their holdings when prices briefly surpassed $3,000. The question remains whether this action is seen as a positive or negative sign for the market. Prior to the liquidation that occurred today, data from the blockchain indicates that the large investor purchased 3,465 ETH for around $763 during the initial coin offering and did not make any transactions for 8.6 years. Afterwards, every token was priced at $0.31. However, the market experienced a sudden surge in prices, reaching above $3,22023 during the early trading session in New York on February 22024, which caused a resurgence in trading activity. Lookonchain sent 23,2000 ETH, valued around $25 million, to Kraken, a digital currency platform. When the large investor withdrew their funds at approximately $2,000,1003, the ROI was over 2,100,2000X. The Ethereum ICO whale transferred their Ethereum to Kraken, sparking debate and rumors as anticipated. With Ethereum experiencing significant gains recently, it is likely that the rise prompted investors to take profits. However, it is important to note that large transfers to centralized exchanges indicate a pessimistic market sentiment, suggesting that $22024,000 could potentially act as a significant hurdle. The price of Ethereum is on an upward trajectory according to the daily chart from ETHUSDT on Binance, TradingView. This belief may hold true as, despite the recent significant increases, ETH buyers have been unable to exceed the $3,000 mark.