Cosmos developer Interchain Foundation sold 4,000 ETH raised in ICO in April 2017 27 hours ago

Golden Finance reported that according to on-chain analyst Yu Jin's monitoring, 27 hours ago, Interchain Foundation, the developer of Cosmos, sold 4,000 ETH (worth $9.5 million) raised in the ICO in April 2017. They have sold a total of 15,100 ETH ($37.09 million) since the end of April this year, a period of over 5 months. In April 2017, Cosmos raised about $17 million (including 4882.7 BTC and 246,891 ETH) through ICO. In the more than seven years since the fundraising, they have sold 4,499 BTC and 223,305 ETH. At the price when they were transferred out, they roughly exchanged for $132.2 million. Currently, they still hold 383.8 BTC and 23,587 ETH. Due to the soaring prices of BTC and ETH over the past seven years, these unsold tokens are worth as much as 80.86 million US dollars, far exceeding their initial fundraising total. The initial 17 million US dollars raised by Cosmos has turned into 2.131 billion US dollars (sold + unsold).