A previously inactive Ethereum address containing 40,000 ETH, valued at approximately $119.65 million, has been activated after more than a decade. The address, which was part of the Ethereum pre-mine, had remained dormant since 2015 when its holdings were worth just $12,400. The activation of such a significant amount of ETH has drawn attention within the cryptocurrency community, highlighting the potential impact of long-dormant assets on the market.
Dormant Ethereum Address Holding $119.6M Activated After 10 Years
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