💸 ICO projects have moved more than 500,000 ETH over the past 30 days

According to data from Santiment ICO projects "spent" more than 500,000 Ethereum ($ETH), worth $100 million, over the past 30 days. Santiment refers to any ETH that is moved by the project as "spent" though there could be multiple reasons for moving funds. The largest transfer came from DigixDAO ($DGD) which moved 210,000 ETH during the period. Notably, the data shows that 250,000 ETH was moved by projects on Sept. 4 shortly before the cryptocurrency’s price fell from over $280 to just under $200.