An Ethereum whale, often referred to as an #EthereumOG, has transferred 52,170 ETH, valued at approximately $120.61 million, to a new wallet after three years of inactivity. This significant movement occurred just four hours ago, drawing attention from the crypto community.
The same entity had previously withdrawn 42,572 ETH from the Kraken exchange six years ago, when the price of Ethereum was $246, amounting to $10.48 million at that time. The recent transfer highlights the ongoing interest and strategic movements within the Ethereum network.
Ethereum Whale Transfers 52,170 ETH After Three Years of Inactivity
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
