<ul data-eligibleForWebStory="false"><li>Two early Ethereum wallets from the blockchain’s launch phase, created in 2015, were reactivated, moving a total of 1,140 ETH worth US$2.9 million.</li><li>These wallets were funded through GENESIS transactions during Ethereum's initial token distribution, with one wallet originally receiving 900 ETH when the token's value was below US$0.50.</li><li>The reactivation of these wallets is part of a trend of activity from long-dormant accounts in the cryptocurrency space, similar to recent movements seen in Bitcoin and Ethereum.</li><li>Although significant, the balances in the reactivated Ethereum wallets do not meet the threshold for 'whale' status, which requires holding 10,000 ETH or more based on current prices.</li></ul>

Decade-Old Ethereum ‘Gen0’ Wallets Awaken, Move US$2.9M in ETH

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