Based on information from crypto monitor Whale Alert, an old Ethereum wallet which hadn’t been used for almost nine years is now active again. This news has generated excitement and curiosity within the cryptocurrency world.
A sleeping cryptocurrency wallet with a balance of 197 ETH, equivalent to approximately $622,685, has recently become active for the first time in over 8 years. (Note: “dormant pre-mine address” refers to an Ethereum address that was created before the token or coin was released to the public and held a large amount of coins or tokens prior to their distribution.)
In the early stages of Ethereum, before its official launch in 2015, this individual owned Ethereum when it was only worth about $0.31 per token. At that time, their Ethereum holdings were valued at a meager $61. Now, however, the value of their Ethereum has soared, reaching an impressive approximately $622,685.
The ETH address lay inactive for nearly nine years before suddenly becoming active, leading to curiosity and conjecture regarding its owner and reasons for the awakening.
The owner might have rediscovered lost keys; the timing of reactivation might also indicate a strategic decision to “hodl” until now. The anonymity of the ETH address adds to the mystery, with no clear indication of who the early ETH adopter might be or what prompted the sudden reactivation of the wallet.
This raises a multitude of inquiries. Had it been sleeping for such an extended period? What caused it to become active all of a sudden? Was it perhaps indicative of forthcoming market shifts, or just one person or group acting on their own accord?
The enigma of the inactive ETH address, with its questions left unsolved, suggests that we haven’t yet unearthed all the answers regarding this mystery. Nevertheless, the surprising activation could serve as a reminder that the unforeseen can always be lurking, just a transaction beyond our current reach.
Currently, Ethereum (ETH) has increased by 3.66% in the past 24 hours and is now priced at $3,175. As ETH reclaimed the $3,000 mark, large-scale investors, or “whales,” extracted a significant amount of ETH – 10,119 tokens worth approximately $31.83 million – from Binance. Notably, withdrawals typically indicate an intention to buy, while deposits suggest the opposite.
Since April 8, a significant Ethereum investor, often referred to as a “whale,” has purchased approximately 127,388 ETH, equivalent to around $405.19 million, from Decentralized Exchanges (DEX) and Binance. The average price they paid per ETH was roughly $3,172.
Read More
- BTC PREDICTION. BTC cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- USD PHP PREDICTION
- BCH PREDICTION. BCH cryptocurrency
- GLM PREDICTION. GLM cryptocurrency
- LAND PREDICTION. LAND cryptocurrency
- PUSH PREDICTION. PUSH cryptocurrency
- USD COP PREDICTION
2024-04-21 13:00