A previously inactive Ethereum wallet has transferred 52,170 ETH, valued at approximately $120.61 million, to a new wallet after three years of dormancy, according to Lookonchain. The wallet originally withdrew 42,572 ETH from Kraken six years ago when the price of ETH was around $246, totaling about $10.48 million at that time.
Dormant Ethereum Wallet Moves $120 Million in ETH After 3 Years
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