The wallet of the second largest cryptocurrency ICO participant moved 1069 ETH (approximately $3.56 million at the time of writing) to the Kraken exchange. This was noted by Spotonchain.
An #Ethereum #ICO participant returned after 1.12 years to deposit 1,069 $ETH ($3.56M) to #Kraken at $3,329 3 hours ago.
The whale received 12,566 $ETH at #Ethereum Genesis in Jul 2015, at an ICO price of ~$0.31,
And then distributed the $ETH across 12 wallets in 2017, of which… pic.twitter.com/Lid1hItGik
— Spot On Chain (@spotonchain) April 6, 2024
Experts noted that in July 2015, the whale received 12,566 ETH at a price of about $0.31. In 2017, the user distributed the coins among 12 wallets, selling some of them.
At the time of writing, analysts added that the user holds 7719 ETH (approximately $25.7 million) on eight addresses.
In January 2024, the Ethereum ICO participant “woke up” after eight years of dormancy. He sent 0.01 ETH from an address where 200 ETH was stored.
It is worth noting that in March, a wallet that had been inactive for almost 12 years moved all its 500 BTC, amounting to nearly $35 million. The user received the first cryptocurrency on July 14, 2012, at a price of $7.57.
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