‘Sleeping’ Ethereum Wallet in 6 and a Half Years Transacted for the First Time

An investor who purchased 1,947 Ethereums for $2,000 in 2015 has reactivated his wallet years later. 1,024 Ethereum in the wallet was distributed to different wallets. It is not known why the $5.1 million Ethereum wallet was distributed.
 ‘Sleeping’ Ethereum Wallet in 6 and a Half Years Transacted for the First Time
READING NOW ‘Sleeping’ Ethereum Wallet in 6 and a Half Years Transacted for the First Time

There has been a development that has the potential to create excitement in the world of crypto money. A wallet to which 1,947 Ethereums were added in 2015 became active for the first time in 6.5 years. Ethereums, which cost $ 2,000 at that time and $ 5.1 million today, are currently scattered in 5 different wallets.

While it is not known why the wallet owner did such a thing, there is still a pending amount of Ethereum left in the huge Ethereum wallet. In this context; 1,024 of the Ethereums migrated to different wallets. In the real wallet, 923 Ethereum is still lying. It is not known for now why the wallet owner ruined the wallet that he never touched after making the first purchase, and what to do with the distributed Ethereums.

Wallet, valued 255 thousand percent in 6.5 years

The record showing the movement in the wallet.

At the beginning of our news; we mentioned that the value of 1,947 Ethereum in the wallet in question that day was around $ 2,000. That wallet is now worth 2,500 times more. In other words, the profit of the account holder, who invested $2,000 in 2015, has reached 255 thousand percent. Let’s just say that the price of Ethereum is far from its all-time high (ATH). Ethereum was above $4,700 in the final months of 2021. This cryptocurrency is trading at $2,748 as of the writing of this article.

Cryptocurrency markets can host such events from time to time. But such transactions always remain mysterious. It is not known exactly where the money distributed from the big wallet goes. So why is such a thing being done? Actually, there is no answer to this question. The investor, who is the subject of our news, may have traded with the logic of “buy it, forget it, check it years later”. Maybe the login information of the wallet or the investment made at that time was forgotten, now it is remembered. It is impossible to say anything definite about this.

This content is not investment advice.

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