Ethereum: Old Wallet With 61,200 ETH 'Activated' After 8 Years
An old Ethereum wallet has been activated after remaining dormant for a period of eight years. Via a recent tweet, blockchain transaction tracker, Whale Alert, brought to light that the “pre-mine” address had a balance of more than 61,200 ETH worth $116.3 million. 💤 💤 💤 💤 💤 💤 💤 💤 💤 💤 A dormant pre-mine address containing 61,216 #ETH (116,396,127 USD) has just been activated after 8.0 years!https://t.co/f79T0fYa7b — Whale Alert (@whale_alert) July 18, 2023 Data from Etherscan revealed that the wallet has participated in a total of 51 transactions since inception. Only two of them have been “out” transactions. The first one took place around 7.5 hours back. At that time, 0.05 ETH was sent out, possibly as a test transaction. After it got successfully executed, the address then sent out 61,216.45 ETH , a few minutes later. Around 2910 days [around 8 years] ...