Ethereum’s ICO Whales Can Crash the Market at Any Time

[Goozzi]

Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, and when those projects cash out, as periodically happens, the effects can be dramatic.

https://news.bitcoin.com/ethereums-ico-whales-can-crash-market-time/

[SeXy]

It will be an interesting experience. It will be interesting to observe how the market will behave in such a critical situation