Bitcoin (BTC) While struggling to hold on at $30,000, Ethereum is trying to protect $1,900.
on the 26th of July FED Before the interest rate decision, the crypto money market continued its horizontal course, while a whale ETH His move has come.
Popular cryptocurrency platform lookonchain In his post, he said that an Ethereum ICO participant bought more than 61,000 ETH in 2015 and woke up after 8 years of inactivity.
According to this whale transferred 61,216 ETH today after 8 years of sleep to a wallet owned by crypto exchange Kraken.
“An Ethereum ICO participant woke up after 8 years of inactivity and transferred 61,216 ETH (worth $116 million) 2 hours ago to a wallet owned by cryptocurrency exchange Kraken.”
An Ethereum ICO participant woke up after 8 years of dormancy and deposited all 61,216 $ETH($116M) to #kraken 2 hrs ago.
He received 61,216 $ETH($116M currently) at Ethereum Genesis, the ETH ICO price is ~$0.31.https://t.co/HLSXvqyBDb pic.twitter.com/YWVlIcxN99
— Lookonchain (@lookonchain) July 19, 2023
While the current value of Ethereums is $116 million, there is a whale. ETHHe bought them at the ICO price of $0.31.
from ICO Ethereum Experts evaluating this transfer of the whale buyer said that such large movements from early investors are typically rare, and may mean that the transfer was made to sell or to diversify its portfolio.
*Not investment advice.
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