Recent report reveals that premine Ethereum wallet has been activated after multi-year dormancy
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This premined whale had spent almost nine years in dormancy – this means since 2015, the year that followed the end of the Ethereum initial coin offering .evaluated at approximately $6.5 million. This money put into it during the period of the Ethereum ICO was moved to a new blockchain address. Earlier this week, the second-largest cryptocurrency saw a tremendous decline of 12.16%, falling from $3,243 to the $2,960 zone. It was followed by a small rebound of 3.87%. This discount provided a great opportunity to buy the dip, and traders immediately took advantage of this, setting up almost 140,000 new wallets, expanding the network.
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