Dormant Ethereum Whale Awakens After 9 Years, Moves $5.15M ETH to Kraken
Dormant Ethereum Whale Awakens After 9 Years, Moves $5.15M ETH to Kraken

Dormant Ethereum Whale Awakens After 9 Years, Moves $5.15M ETH to Kraken

An Ethereum ICO investor from 2014 has resurfaced after nine years of inactivity. This whale has moved half of its ETH stash – 1,732 ETH worth over $5.15 million – onto the Kraken exchange.

An Ethereum ICO investor from 2014 has resurfaced after nine years of inactivity

This whale has moved half of its ETH stash – 1,732 ETH worth over $5.15 million – onto the Kraken exchange

The whale's move directly coincides with Ethereum's price surpassing $3,000

Back in 2014, this investor bought 3,465 ETH at $0.31 per token during the ICO

Today, that investment is valued at over $10 million, marking a staggering 960,000% increase

Ethereum's upcoming proto-danksharding upgrade will significantly reduce transaction costs on the network.

Related Stories

No stories found.
Voice Of Crypto
voiceofcrypto.online