Ethereum ICO Whale Suffers Multi-Million Dollar Loss After Poor Re-entry Timing

An Ethereum ICO participant who sold 11,552 ETH in March 2026 for $23.4 million at $2,027 per token repurchased the assets in September at a 38% higher price. This timing error resulted in a net loss of 3,060 ETH compared to the initial sale. The investor, who originally acquired 38,800 ETH during the 2015 ICO at $0.31 per token, had previously moved proceeds into USDC on the Aave lending protocol.