Ethereum

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After an 8-year dormancy, an early Ethereum ICO participant resurfaces, moving a massive 61,216.5 ETH, worth $116M, to crypto exchange Kraken. 
Marking an end to eight years of inactivity, an original Ethereum ICO participant has made headlines by moving an astonishing $116M in ETH to Kraken. 
According to reports, this unexpected yet thrilling development in the Ethereum ecosystem occurred recently. A dormant Ether whale, inactive since Ethereum’s 2015 ICO, just&nbsp; <a class="editor-rtfLink" href="https://etherscan.io/tx/0x5eaafdd3c89367aa6adc379300c98a8edc1375b9e50cafe127dc49180f01944b" target="_blank" rel="noopener noreferrer nofollow">transferred </a> 61,216.5 ETH, equivalent to $116.3M, to US-based exchange Kraken. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Kraken</a> 
 <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a> 
 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Kraken</a> <a href="https://t.co/e8Oz7U6sFx" rel="noopener noreferrer nofollow">pic.twitter.com/e8Oz7U6sFx</a> 
 <a href="https://twitter.com/spotonchain/status/1681477716657471488?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 19, 2023</a> 
</blockquote> 
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Remarkably, the Ethereum participant at the center of this transfer, known by their address 0x8b5, had been in slumber for nearly eight years.&nbsp; 
Interestingly, their initial investment was a relatively modest 61,216.6 ETH, equating to approximately $19,000 in July 2015, considering the ICO price of just $0.31 per ETH. This recent activity has captivated the attention of crypto enthusiasts and market watchers. 
<h2 id="span-data-preserver-spaces-true-ethereum-price-analysis-span">Ethereum Price Analysis </h2> 
The recent movement comes shortly after ETH reclaimed $1,900. According to recent data from CoinMarketCap, Ethereum’s bullish wave appears unstoppable. Despite occasional bear-led pullbacks, the crypto giant remains on an upward trajectory.&nbsp; 
Moreover, day-to-day charts paint a favorable picture for investors who continue to trust in&nbsp; ... 
<a href="https://thecryptobasic.com/2023/07/19/dormant-ethereum-ico-participant-shifts-116m-to-kraken-after-8-years/" rel="noopener noreferrer nofollow">Read more</a>

Dormant Ethereum ICO Participant Shifts 61,216 ETH To Kraken After 8 Years

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