{"id":139978,"date":"2023-05-29T07:27:51","date_gmt":"2023-05-29T07:27:51","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=139978"},"modified":"2023-05-29T16:38:49","modified_gmt":"2023-05-29T16:38:49","slug":"activity-noticed-on-a-dormant-ethereum-wallet-after-years","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/activity-noticed-on-a-dormant-ethereum-wallet-after-years\/","title":{"rendered":"Activity Noticed on a Dormant Ethereum (ETH) Wallet After Years"},"content":{"rendered":"
An Ethereum (ETH)<\/a> wallet that has been dormant since the Initial Coin Offering in 2015 has suddenly reawakened to move 8,000 ETH.<\/strong> According to the data shared, all these Ethereum tokens were transferred to a different wallet address within two minutes. Prior to transferring the tokens, the owner began with a precautionary transfer of 1 Ethereum token to a new wallet. A minute later, the remaining 7,999 tokens were transferred to the same address.\u00a0 <\/strong><\/span><\/p>\n The activity surrounding the previously dormant account was noticed by Lookonchain, which later tweeted about the situation. Within the comments section of the tweet, many speculated the exact reason for the sudden transfer. People argued that the owner had recently been released from prison, whereas another mentioned how the owner transferred funds from an old Ledger, a remark about Ledger\u2019s controversial new update.<\/strong>\u00a0\u00a0<\/span><\/p>\n An Ethereum ICO participant who has been dormant for 8 years woke up today.<\/p>\n He transferred all 8000 $ETH<\/a>($14.7M) to a new address.https:\/\/t.co\/1griKB9Te9<\/a> pic.twitter.com\/1bvQh3zsqY<\/a><\/p>\n — Lookonchain (@lookonchain) May 28, 2023<\/a><\/p><\/blockquote>\n\n