Ethereum ICO Whale Moves 5,000 ETH After 11-Year Hold
An Ethereum whale dating back to the 2015 ICO has transferred 5,000 ETH following an eleven-year dormancy.
An early Ethereum investor from the 2015 initial coin offering has transferred 5,000 ETH after holding the assets without movement for eleven years, according to bloomingbit. The significant transfer from a dormant wallet has stirred market speculation regarding a potential sale of the digital assets.
Long-Term Holder Activity
Instant Telegram notifications for large on-chain moves.
The wallet in question had remained untouched since the inception of Ethereum's network during its 2015 ICO phase. Long-term dormancy shifts of this scale draw attention from market participants monitoring large holders and potential supply changes on exchanges.
Key facts
- An Ethereum whale from the 2015 ICO moved 5,000 ETH.
- The transfer followed an 11-year period of holding without movement.
- The activity has generated speculation regarding potential selling pressure.
Source: news.google.com
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