A dormant pre-mined address containing 40,000 ETH has been activated after 10.3 years of inactivity, with a value close to $120 million.
Jinse Finance reported, according to on-chain data tracking service WhaleAlert, that at around 7:39 AM (GMT+8), a dormant pre-mined address was just activated after 10.3 years of inactivity, containing 40,000 ETH (valued at $119,651,157). Back in 2015, these ETH were worth only about $12,400.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance

Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
