Endaoment, a charity fund on Ethereum, sold 3,690 ETH for 12.53M USDC at $3,395 in a single transaction:

• transaction: 0x7e03f65b4e99b3e3e02fecb6265e3bb380d1d8b55a08961e624ce2ade7a11f43
• address: 0x9d5025b327e6b863e5050141c987d988c07fd8b2
• This address belongs to the entity Endaoment

Notably:

• This is Endaoment's first ETH sale in 10 months and their largest single ever.
• The ETH sold above came from an Ethereum ICO participant 0xb39 who received 100K ETH at the Genesis block on July 30, 2015. This participant has sold 14.99K ETH at an average price of $2,409 so far, including 13.19K ETH through Endaoment, and still holds 85K ETH ($293.8M) across 2 wallets.

Fig 1. Endaoment sold 3,690 ETH for 12.53M USDC again after 10 months of no significant sale.

Fig 2. The ETH token flow of the Ethereum ICO participant 0xb39.