Ancient Massive Cryptocurrency Whale Makes New Transactions Again
According to Onchain data, an old crypto whale continues to make new sales. Here are all the details.
According to the latest onchain data provided by Arkham, an extremely ancient Ethereum whale has awakened and is making new transactions.
It is suspected that the cryptocurrency whale, who managed to buy ETH during Ethereum's first launch event, the initial coin offering (ICO), sold a large amount of ETH.
According to the data, this whale has sold a massive 85,000 ETH, or approximately $226 million, since June 15, 2024.
In his latest transaction, the crypto whale moved an additional 25,000 ETH, or approximately $65.6 million in assets, to crypto exchange Kraken.
In the ICO event in question, a significant amount of ETH was also transferred to Ethereum founder Vitalik Buterin. Although Buterin occasionally makes sales, he claims that none of these sales are for personal expenses, but are instead used for investment in projects he sees coming or for philanthropic projects.
On the other hand, many ICO wallets have already emptied their wallets of their assets, and sometimes such ancient cryptocurrency wallets wake up from sleep.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Senate Democrats introduce ‘End Crypto Corruption Act’ to ban lawmakers from crypto
Share link:In this post: Senate Democrats, led by Senator Jeff Merkley, introduced the “End Crypto Corruption Act” to prevent U.S. officials from benefiting from cryptocurrencies. The bill aims to stop presidents, lawmakers, and their families from issuing, endorsing, or holding digital assets. The bill was introduced just before a crucial vote on the GENIUS Act, which aims to regulate stablecoins.
EU to place huge tariffs on Boeing jets as retaliation for Trump
Share link:In this post: The EU plans to hit Boeing jets with tariffs if trade talks with the US break down. Trump imposed 20% tariffs on EU exports on April 2, later cutting it to 10% for 90 days. The EU paused retaliatory tariffs until July 14 but warned more are coming, including on chemicals.
Ripple XRP Is No Longer Just A Payments – Here’s 6 Reasons Why
Hacker moves $182K in ETH to Tornado Cash after Voltage exploit
Trending news
MoreCrypto prices
More
