Ethereum

A dormant <a href="https://etherscan.io/address/0x6ccb03acf7f53ce87aadcc21a9932de915f89804" rel="noopener noreferrer nofollow">Ethereum wallet</a> holding 8,000 ETH since the Ethereum network’s ICO in 2015 was recently reactivated. Currently valued at $1,900 per Ether, the wallet content amounts to a total of around $14.7 million. This marked a massive gain of 590,000% for the owner, who initially invested merely $2,500, purchasing ETH at $0.31 per unit.Blockchain analytics firm, Lookonchain, was the first to notice this startling transaction and shared the discovery with its substantial following of 219,000 on Twitter.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/582f1297ebf848bd9fbdfeab0b30518b.png" />This Ethereum whale, as large stakeholders are colloquially called, initiated the activity by moving $1 to a new address. Soon after, the remaining 7,999 ETH were transferred to this new address, stirring curiosity and speculation among the crypto community.Read full article at <a href="https://cryptotale.org/ethereum-whale-awakens-ico-era-wallet-reactivates-with-14-7m-transfer/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Ethereum Whale Awakens: ICO-Era Wallet Reactivates with $14.7M Transfer

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