During 2018, ICO startups sold 2.7 million coins to Ethereum

From November last to the beginning of February of this year, ICO-projects sold about 736 thousand coins to Ethereum (ETH), reports Trustnodes .

Only at the turn of November-December, 400 thousand ETH were sold. Thus, 39,000 ETH were sold on December 11, and on December 14, 45,000 ETH were sold on the market. A few days later, on December 17, ICO-projects got rid of 33 thousand more Ethereum coins.

ETH stocks among ICO startups and Ethereum Foundation

Analysts note that since the spring of 2018, the reserves of ether stored by ICO projects have decreased significantly. Even in summer, the total amount of Ethereum in the accounts of the projects was about 3.3 million coins. Now in the storages of ICO startups about 2.7 million ETH, which roughly corresponds to the total volume of coins sold during the past year.

However, in recent times, sales have declined – mainly ICO-projects sell 500-800 ETH coins per day. According to analysts, sums of more than 1000 ETH are rarely noted recently. This may indicate that many ICO startups expect a slight recovery in the price of the broadcast. The latter, indeed, has grown a bit in recent days, just like the market in general:

Data: CoinMarketCap

Earlier, Diar analysts reported a significant decline in the ICO industry in the second half of 2018.

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