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Dormant Ethereum Wallet Comes Alive After 10 Years, Holding Millions in ETH

  • A dormant Ethereum wallet, inactive for almost 10 years, has become active, holding millions in ETH.
  • The wallet initially contained 2,000 ETH valued at $620 in 2015, now worth over $5 million due to Ethereum's price surge.
  • 500 ETH from the wallet was transferred to a Binance-linked address, hinting at possible liquidation.
  • Whale Alerts recorded the wallet's first activity after being dormant for almost a decade, sparking interest in the crypto community.
  • The recent movement in the wallet followed a small test transfer of 0.0001 ETH to verify functionality before a larger transaction.
  • This activity indicated potential intentions of the wallet owner regarding the funds.
  • Currently, the wallet still holds around 1,500 ETH valued at approximately $3.9 million.
  • No further transactions have been seen from the wallet, but the recent movement suggests a possible full liquidation.

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