Dormant 11-Year Ethereum ICO Whale Moves $3.77M In ETH To Coinbase
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Ethereum returns to the on-chain data center after the awakening of four old whales linked to the first days of the network. On Tuesday, August 11, a Genesis wallet moved 2,680 ETH after 11 years of inactivity. This reserve, acquired for about 830 dollars, was then worth 5.03 million dollars. Two other wallets had already transferred 2,000 ETH each in July. These close movements revive the fears of sale, while funds long regarded as dormant rega…
Dormant 11-Year Ethereum ICO Whale Moves $3.77M In ETH To Coinbase
BitcoinWorld Dormant 11-Year Ethereum ICO Whale Moves $3.77M in ETH to Coinbase A long-dormant Ethereum address linked to the network’s initial coin offering (ICO) has transferred 2,000 ETH, valued at approximately $3.77 million, to the cryptocurrency exchange Coinbase. The transaction, flagged by blockchain tracking platform The Data Nerd, marks the first movement from the wallet in roughly 11 years. Context: Ethereum ICO and Whale Behavior Th…
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