Eight Years Sleeping Ethereum Whale Awakens, Transferred 641 ETH!

As the eighth anniversary celebrations of the largest altcoin Ethereum continue, an ETH whale that has been dormant for eight years has awakened.

Popular cryptocurrency platform Lookonchain said in a post that an Ethereum ICO participant bought 641 ETH in 2015 and woke up after 8 years of inactivity.

Lookonchain said it has transferred $1.2 million worth of 641 ETH to DeFi platform Abyss Finace to stake.

Lookonchain added that the whale bought 2,000 Ethereum at the time of the ICO at $0.31.

“An Ethereum ICO participant woke up after 8 years of inactivity, transferred 641 ETH and started staking.

Whale received 2,000 ETH (current value of $3.7 million) at $0.31 at the time of the ICO. “

In the past weeks, another ICO whale also woke up after 8 years of inactivity and transferred its ETH to Kraken, which received more than 61,000 ETH in 2015.

*Not investment advice.