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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

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.

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.

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