Ethereum Whale Awakens from Its Sleep After Eight and a Half Years

An old half-million-dollar Ethereum (ETH) address is back in action after eight and a half years.

According to information shared by Whale Alert premine An Ethereum wallet from the era, 200 ETH made a transaction.

According to Etherscan data, the wallet since July 2015 It was not actively used.

Ethereum, the largest altcoin, hit the market premine logged in using the method. In this method, some coins are created before the blockchain starts producing coins on its own.

Old wallets like this that have not been used for years are usually converted into a cryptocurrency. in very early times It is thought to belong to people who have invested or mined.

A similar address was found a few weeks ago. A wallet also from the premine period, eight and a half years later in December 2023 Mobilized 11,640 ETH.

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