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Ethereum ICO Participant Transfers 631.1 ETH to Coinbase After 9.4 Years
12/27/2024 2:47:06 PM
According to Spot On Chain, an Ethereum ICO participant who has been inactive for 9.4 years recently transferred 631.1 ETH, valued at $2.14 million, to Coinbase. This transfer occurred as the cryptocurrency market showed signs of recovery. Originally, in July 2015, the participant received 1,940 ETH at the Genesis block, which was worth only $601 at that time. The participant still holds 1,309 ETH, valued at $4.4 million, and may continue to sell more ETH in the near future. (Source)
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