NEW: Long-Dormant Ethereum Wallet Springs to Life, Transfers $3.56 Million in ETH

After nearly nine years of inactivity, a significant event has shaken the crypto community: a pre-mined Ethereum wallet containing 1,000 ETH, valued at approximately $3.56 million, was suddenly activated. This wallet, dating back to Ethereum’s early days before its 2015 launch, showcases the dramatic increase in Ethereum’s value over the years. Initially receiving its stash on July 30, 2015, the wallet’s recent transactions have sparked widespread speculation about the owner’s intentions. The activation involved transferring 110 ETH to three different wallets, starting with a 2 ETH transfer, followed by 8 and then 100 ETH.

The crypto world is abuzz with theories regarding the sudden move, pondering whether the wallet’s owner has just accessed their long-forgotten keys or decided that the current market conditions are ripe for selling. This resurgence of a pre-mined address highlights the intriguing stories of Ethereum’s early adopters and the significant appreciation of ETH over time. The identity of the wallet’s owner remains a mystery, fueling further curiosity and speculation within the cryptocurrency community.

Whale Alert

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