A wallet linked to the Ethereum Foundation, identified as 0x0F08, has transferred 4,000 ETH, valued at $17.13 million, to a new wallet after remaining inactive for nine years. This wallet originally received 97,500 ETH, worth approximately $91,000 at the time, from the Ethereum Foundation ten years ago when ETH was priced around $0.93. The funds were later deposited into Kraken at a price of approximately $4.65 per ETH.
Dormant Ethereum Foundation Wallet Moves 4,000 ETH After 9 Years
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