finance
Dormant Ethereum ICO Wallet Moves 2,000 ETH Valued at $3.79 Million
A wallet that received 2,000 ETH from a $620 investment during the Ethereum ICO moved the full amount to a new address after 11 years of inactivity. On-chain data placed the tokens' value at $3.79 million at the time of the transfer.
Jul 20, 7:55 PM·1m read1 source
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An Ethereum wallet identified as 0x45BB transferred its full balance of 2,000 ETH to a new address, @lookonchain reported. The tokens were valued at $3.79 million at the moment of the move. The wallet had remained inactive for 11 years after participating in the Ethereum ICO.
It had invested $620 during that offering and received the 2,000 ETH in return. @lookonchain reported that the transfer marks a 6,113-fold increase over the original investment amount.
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CorroborationModerate · 1 source
