![Ethereum: ICO Ethereum participant’s wallet woke up after 8.5 years and transferred 97.9 ETH Ethereum: ICO Ethereum participant’s wallet woke up after 8.5 years and transferred 97.9 ETH](/img/70/2985/ico-ethereum-participants-wallet-woke-up-after-85-years-and-transferred-979-eth-sm.webp)
A participant in the Ethereum Initial Coin Offering (ICO) has transferred 97.9 ETH to the Kraken cryptocurrency exchange. At the moment, the value of the transferred tokens is around $227,000.
According to Whale Alert, the address associated with this Ethereum #ICO member has remained inactive for an extended period of 8.5 years, which adds intrigue to this story.
💤 A dormant pre-mine address containing 492 #ETH (1,139,052 USD) has just been activated after 8.5 years!https://t.co/QI9hYG7GbD — Whale Alert (@whale_alert) February 2, 2024
Information obtained from the DeBank service shows that the wallet that initiated this transfer still holds a significant amount of 394 ETH, which is currently valued at $912,000. At the same time, the initial investment of this anonymiser was only $152.
Currently, the Ethereum exchange rate is showing attempts to consolidate above the $2,300 mark, indicating a potential upward trend in value.
It is worth noting that in November 2023, another #Ethereum ICO participant made a notable transfer of 3,000 ETH to the #Kraken exchange, which once again emphasises the constant activity and importance of this digital currency.