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News · Hong Kong

Hong KongTokenPost

Early Ethereum Holder Moves 13,330 ETH to Coinbase, and More

  • An early ETH holder from the 2015 ICO (170,000 ETH acquired) moved 13,330 ETH to Coinbase on October 5, worth about $36.37 million (~489 billion KRW... actually ~48.9 billion KRW) at deposit time
  • The address retains 1,484 ETH, with cumulative profit from the holdings estimated at about $193 million (roughly 259.6 billion won), per on-chain analyst EmberCN via PANews
  • Hong Kong's Financial Services and the Treasury Bureau will submit a bill this year to set up a licensing system for virtual asset trading and custody service providers, as outlined in the 2026-2027 budget

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