- Lookonchain found an Ethereum ICO participant who made their first transaction.
- The ICO participant received 61,216 ETH at Ethereum Genesis.
- The current value of the transferred tokens is about $116 million.
Lookonchain, the on-chain smartmoney tracking platform, found an Ethereum ICO participant who made their first transaction. According to Lookonchain, the ICO participant received 61,216 ETH at Ethereum Genesis and left the wallet dormant for the past eight years.
An Ethereum ICO participant woke up after 8 years of dormancy and deposited all 61,216 $ETH($116M) to #Kraken 2 hrs ago.He received 61,216 $ETH($116M currently) at Ethereum Genesis, the ETH ICO price is ~$0.31.https://t.co/HLSXvqyBDb pic.twitter.com/YWVlIcxN99
— Lookonchain (@lookonchain) July 19, 2023
After eight years of dormancy, Lookonchain observed that the ETH holder transferred all 61,216 ETH to the Kraken exchange. According to Lookonchain, the current value of the transferred tokens is about $116 million with ETH trading at over $1,900, at the reported time. However, at Ethereum Genesis, the ETH ICO price was approximately $0.31.
At the Ethereum ICO average price of ETH was around…
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