The latest data from Golden Finance shows that a shocking news has caused a stir in the cryptocurrency industry. According to WhaleAlert monitoring, around 22:52 Beijing time on May 27th, a dormant mining site was suddenly activated 7
The latest data from Golden Finance shows that a shocking news has caused a stir in the cryptocurrency industry. According to WhaleAlert monitoring, around 22:52 Beijing time on May 27th, a dormant mining site was suddenly activated 7.8 years later, containing 8000 Ethereum (ETH).
The 8000 ETHs in this dormant address are worth over $14582642 based on current prices. This sudden activation event has attracted widespread attention and sparked speculation about the identity and motivation of the activator.
A dormant address refers to an address on the blockchain that has not been traded or active for a long time. The activation of such addresses usually causes market uncertainty and price fluctuations. For this activated sleep address, it is generally believed to be a meaningful event.
Although the information about the identity of the activator is currently unclear, there are already various speculations in the market. Some people believe that this may be the address of an early investor or miner who has held these ETHs for the past few years and now chooses to transfer or sell them.
This event once again highlights the uncertainty and potential of the cryptocurrency market. The activation of the dormancy address indicates that large funds in the market can affect market prices and sentiment to some extent. This also reminds investors to keep an eye on market dynamics, do a good job in risk management and asset allocation.
Although this event has sparked attention to the cryptocurrency market, it should be remembered that the market still has high volatility and risk. Investors should remain calm and cautious, and make decisions based on a thorough understanding of market conditions and risks. We will continue to monitor the progress of this event and provide readers with the latest market analysis and insights.
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