Diar.co reports Treasury Balances of ICOs

A recent research from diar.co shows that top 50 ICOs still hold 3577119 ETH in their accounts.

The number was 374879 in August and the recent sell off has made it to 3577119, approximately $685,769,527 according to current market valuation of ethereum.

The link to the report is here.

Is it a signal for more price decline? Let us know in the comments section below.

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