Ethereum Foundation Wallet Moves $295 Million After Long Inactivity
26.07.2024 19:30 1 min. read Alexander Stefanov
An Ethereum Foundation-affiliated wallet that had been inactive for over six years recently resumed activity, transferring 92,500 ETH, roughly $295 million, to a new address.
This wallet’s last known activity was over six years ago, drawing notable interest from the crypto community.
The funds were initially allocated by the Ethereum Foundation on September 1, 2015, shortly after Ethereum’s launch. The purpose of this transfer is unclear, but it has not led to major market changes.
Bitcoin and Ethereum rebounded on Thursday, recovering to earlier week levels. Bitcoin saw a 4.58% increase, reaching $67,166, while Ethereum rose by 2.1% to $3,243.
This recovery comes after a significant drop on Wednesday due to market-wide liquidations. Despite the bounce-back, investor sentiment remains mixed.
-
1
Here Are Four Altcoins That Could Collapse Soon, According to a Top Analyst
02.04.2025 11:00 2 min. read -
2
Blockchain Project Prepares 50 Million Token Airdrop Ahead of Mainnet Launch
02.04.2025 9:00 2 min. read -
3
Binance Introduces New Trading Pairs and Bot Services on Spot Platform
02.04.2025 20:00 1 min. read -
4
SEC Delays Decision on Grayscale’s Ethereum Staking ETF Proposal
15.04.2025 12:00 2 min. read -
5
Elon Musk’s Dogecoin Comments Stir Concern, But HODLers Keep Hope Alive
31.03.2025 15:00 2 min. read
New Proposal Aims to Resolve Solana’s Inflation Dispute
A fresh attempt to address Solana’s ongoing inflation debate is back on the table—this time with a restructured voting model designed to foster consensus and move the network toward its long-term economic goals.
Another Stablecoin Loses Its Peg, Sparking Fresh Investor Anxiety
Synthetix’s native stablecoin, sUSD, is once again under pressure as it continues to drift further from its intended $1 peg—raising fresh concerns over the resilience of decentralized stablecoins.
Bitcoin ETFs Rebound With $107M Inflows, Ethereum Sees No Movement
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.
Top 5 Worst Performing Cryptocurrencies Today
Several cryptocurrencies among the top 100 by market cap have faced heavy losses over the past seven days, with a few tokens seeing sharp double-digit declines.
-
1
Here Are Four Altcoins That Could Collapse Soon, According to a Top Analyst
02.04.2025 11:00 2 min. read -
2
Blockchain Project Prepares 50 Million Token Airdrop Ahead of Mainnet Launch
02.04.2025 9:00 2 min. read -
3
Binance Introduces New Trading Pairs and Bot Services on Spot Platform
02.04.2025 20:00 1 min. read -
4
SEC Delays Decision on Grayscale’s Ethereum Staking ETF Proposal
15.04.2025 12:00 2 min. read -
5
Elon Musk’s Dogecoin Comments Stir Concern, But HODLers Keep Hope Alive
31.03.2025 15:00 2 min. read
