Monitoring: Patricio Worthalter's associated address sold approximately 2,000 ETH

An address linked to Patricio Worthalter, founder of POAP, sold approximately 2,000 ETH on-chain on November 2, netting about 4.53 million USDC at an average price of roughly $2,269 per token, according to on-chain monitoring by Ai 姨 (Ai Yi) as reported by TechFlow. The proceeds did not stay put: the USDC was subsequently routed through intermediary addresses to a wallet previously tagged as belonging to a whale from Ethereum's 2015 initial coin offering. The sale is notable because Worthalter is a well-known early Ethereum community figure, so large movements from his associated wallets are often read as a signal by on-chain watchers, even though the transfer of funds to a 2015-era ICO whale wallet leaves the ultimate intent—personal profit-taking, a transfer of custody, or an OTC-style settlement—ambiguous. Traders and analysts will be watching whether the receiving whale wallet holds or redistributes the USDC, whether further ETH sales follow from Worthalter-linked addresses, and whether the receiving address shows additional activity tied to other early-epoch Ethereum holdings.