A wallet that was involved in Ethereum’s IPO process moved its holdings after about seven and a half years.
Recently, crypto movements in Bitcoin and other major altcoins have started to attract attention. In particular, it has become the subject of discussion that Bitcoin whales start to move their assets after 9-10 years.
Lookonchain reported that a whale who bought in Ethereum’s initial cryptocurrency supply (ICO) process woke up 7.7 years later. This whale had purchased their ETH at a price of $0.31.
Whale Participating in Ethereum’s ICO Awakens
A whale wallet that participated in the ICO known as the birth of Ethereum (ETH) has started moving its assets after seven and a half years.
According to data obtained by Lookonchain, this whale discovered Ethereum at the time of the ICO and bought ETH at a price of $0.31. The whale, who bought about 2,365 ETH at the birth of Ethereum, spent $ 733 at that time. The whale has $4.42 million in its pocket today.
The fact that the old crypto wallets started to wake up one by one has also inflamed the predictions about the crypto money market. Many crypto investors noted that these whales are waking up for selling purposes. Because even during the period when Bitcoin made ATH, these wallets were not seen to move.