The developer of Cosmos has sold 4000 ETH in the past 27 hours, worth about 9.5 million dollars.

Foresight News reported that according to Embermonitor, Interchain Foundation, the developer of Cosmos, has recently continued to sell the ETH raised in its ICO. Chain data shows that the foundation has sold 4,000 ETH in the past 27 hours, worth about $9.5 million. In the five months since the end of April 2024, the foundation has sold a total of 15,100 ETH, with a total value of about $37.09 million. In April 2017, Cosmos raised about $17 million through ICO, including 4,882.7 BTC and 246,891 ETH. Over the past seven years, the foundation has sold 4,499 BTC and 223,305 ETH, raising approximately $132.2 million. Currently, the foundation still holds 383.8 BTC and 23,587 ETH, with a Market Cap of approximately $80.86 million.