Another Ethereum ICO participant transferred 1,732 ETH to another address. At the time of writing, this amounts to approximately $5.1 million.
💤 💤 A dormant pre-mine address containing 3,465 #ETH (10,362,639 USD) has just been activated after 8.6 years!https://t.co/SzmUSS7bqu
— Whale Alert (@whale_alert) February 20, 2024
Whale Alert reports that the address involved in the Ethereum initial coin offering has been inactive for over 8.5 years. Note that the whale received 3465 ETH in July 2015 at a price of $0.31.
According to the DeBank service, the wallet from which the funds were sent still holds about 1,733 ETH worth $5.14 million.
Balance in the sender's wallet. Data: DeBank.
On February 20, 2024, the Ethereum price tested $3,000, a new high since April 2022. At the time of writing, the asset is trading near $2930.
Source: Cryptocurrency
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