Ancient ETH multi-million wallet becomes reactivated in unexpected development
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The aforementioned cryptocurrency wallet was reactivated after 9.1 years and it is full of ETH – 2,000 coins currently worth an impressive $5,476,804. Back in 2014, this amount of Ethereum was evaluated at $620 as ETH was worth $0.31.Currently, the second biggest cryptocurrency by its market capitalization size, Ethereum, is changing hands at $2,743 after showing a decline of 2.6% during the last 24 hours.
Whale Alert spotted several other massive ETH transfers too today, even though they were made by regular “not sleeping” whales. Thus, 29,999 ETH were transferred to the world’s largest cryptocurrency exchange Binance. Two Ethereum chunks more or less similar in size were deposited to the biggest US-based exchange Coinbase: 12,573 ETH each. Still, due to the market volatility one of them was worth $34,606,448 and the other one was valued at $35,014,241.
Whale Alert also spread the word that over the weekend, two dormant Bitcoin wallets were also reactivated after a long term of dormancy – one had stayed inactive for 11 years and the other one had not been used for 13.6 years.by their owners who either decided to start selling their BTC unmoved for more than a decade or simply were finally able to get hold of their private keys believed to be lost until now.The world’s flagship cryptocurrency, Bitcoin, is changing hands at $63,973.
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