The participant in the primary proposal of coins (ICO) of the Ethereum project woke up after about 10 years of inaction in hibernation. He translated 1 ETH to another address. This is reported by Lookonchain analysts.
The report said that the whale received 1000 ETH in the framework of the ICO for about $ 310, which are now estimated at $ 2.44 million. The price of the asset under the primary supply of coins was $ 0.31, the message said.
The ALVA cryptocurrency account for the Assistant’s account that such a movement hints at the potential pressure of the sale in the short term and causes new fears regarding volatility. He added:
At the time of writing, Ethereum is traded above $ 2460:
In March 2025, the situation was similar. The ICO Ethereum participant woke up after almost 10 years of inaction and translated 1 ETH.
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Source: Cryptocurrency
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