ICOs Have Sold Nearly 100,000 ETH in the Past 30 Days

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Summary

Around $40 million worth of eth has been liquidated in the past month with nearly 100,000 eth sold by projects that raised funds through an Initial Coin Offering (ICO). One caveat here is that eth spent doesn’t necessarily mean they were sold, the projects might have moved the eth for numerous reasons. Eth sale by ICOs. The second biggest sale was by AppCoins, an app store protocol which sold 8,400 eth on or around August 9th. Data by Santiment, which tracks a number of ICOs, shows a project called Atonomi sold 12,000 eth, 9,000 of it on July 26th.

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Around $40 million worth of eth has been liquidated in the past month with nearly 100,000 eth sold by projects that raised funds through an Initial Coin Offering (ICO).

Data by Santiment, which tracks a number of ICOs, shows a project called Atonomi sold 12,000 eth, 9,000 of it on July 26th.

The second biggest sale was by AppCoins, an app store protocol which sold 8,400 eth on or around August 9th.

Appcoins eth liquidation.

Likewise Openledger (pictured, featured image), which describes itself as a cross-ledger protocol for businesses, has sold 5,400 eth on or around August 9th.

While Etheroll has been selling throughout the year, 5,400 of it on or around August second, the highest amount sold since February for this project.

Etheroll eth sale, August 2018.

Status apparently sold most of its eth last year, 30,000 between August and October 2017, but they have continued to sell for much of this...

Read the full article @ TrustNodes