POAP Founder Patricio Worthalter Sells 2,000 ETH for 4.53 Million USDC

POAP founder Patricio Worthalter sold 2,000 Ether (ETH) for 4.53 million USDC at an average price of $2,269 per ETH. The sale took place about 10 hours before the Nov. 2 update. Worthalter then transferred the USDC to a wallet address beginning 0x95A. In October, Worthalter transferred 18,000 ETH to Gemini over nine days. His wallet held 41,468 ETH after those transfers, a historical balance that predates the latest sale. TokenPost previously covered the nine-day Gemini transfers . Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.