Ethereum Wallet Suddenly Awakens, Profits 517000%

Blockchain Data Tracker for Monitoring Large Cryptocurrency TransactionsWhaleAlertThe report states that an Ethereum (ETH) wallet address from the dormant ICO era has recently become active. 2000 ETHs were transferred to the relevant wallet address, with a value of $3

Blockchain Data Tracker for Monitoring Large Cryptocurrency TransactionsWhaleAlertThe report states that an Ethereum (ETH) wallet address from the dormant ICO era has recently become active. 2000 ETHs were transferred to the relevant wallet address, with a value of $3.19 million calculated at current prices.

One of the oldest Ethereum wallet addresses

WhaleAlert8.2 2015 ICO

Blockchain Data Analysis Platform LookonchainThe report states that the Ethereum Whale has transferred all 2000 ETHs from its wallet address to four different wallet addresses. It also added that the Ethereum Whale obtained ETH during the allocation of ETH to investors in the Ethereum Genesis block. At that time, 2000 ETH was only worth $620 (1 ETH=$0.31), indicating that the whale's profit per ETH was 517000%.

ETH Price Status

The largest cryptocurrency and largest counterfeit currency, Ethereum, rose from $1547 to $1620, with a significant increase of 4.71% from October 19th to 20th. As of the writing of this article, the ETH trading price was $1604, an increase of 1.22% compared to October 19th. Last 24 hours.

On the first day of this week, with the news that the US Securities and Exchange Commission (SEC) approved the world's largest asset management company BlackRock's spot Bitcoin ETF application, ETH quickly rose. However, after the news was denied, ETH and Bitcoin both experienced a pullback.

In addition, current on chain data shows that the total balance of large cryptocurrency investors with ETH less than 1 million in wallet addresses has increased to 32.3% of the circulation supply for the first time since 2016. In addition, data from on chain data companiesSantimentA large number of transactions involving Ethereum worth over $1 million were discovered earlier this week, indicating an increase in whale activity on the Ethereum network.

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