PANews reported on November 22 that according to on-chain analyst Ember’s monitoring, Cosmos developer Interchain Foundation sold another 3,000 ETH an hour ago, worth about $10.16 million. These ETH came from the IC0 fundraising in April 2017. Since the end of April this year, the developer has sold a total of 21,600 ETH, with a total cash out of about $55.97 million, and the average selling price is $2,591.
Currently, the developer still holds 23,587 ETH and 383.8 BTC, with a total value of approximately $95.48 million. However, Cosmos' native token $ATOM has performed poorly, with the price falling from $10 when BTC fell to $16,000 at the end of 2022 to the current $6.5.
