Cosmos Network Developer Moves Significant BTC Holdings

According to Foresight News, Cosmos Network's developer address has transferred 295.3 BTC, valued at $27.7 million, after nearly two years of inactivity. These Bitcoins were initially raised through an ICO in 2017. Throughout this year, the developer has moved or sold a total of 21,600 ETH and 295.3 BTC, amounting to $78.67 million. The address still holds 96.4 BTC and 17,188 ETH, with a combined value of $67 million, from the 2017 ICO.