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
Dogecoin Whale Dump Sends Price Plummeting Amid Market Crisis
03.02.2025 16:00 1 min. read -
2
Ethereum’s Next Move Could Be Determined by These Critical Price Levels
08.02.2025 12:00 1 min. read -
3
SEC Clarifies Memecoins, Including Trump Tokens, Fall Outside Its Jurisdiction
12.02.2025 20:00 1 min. read -
4
Binance Unveils Seventh Altcoin for HODLer Airdrop and Upcoming Listing
05.02.2025 16:30 1 min. read -
5
Litecoin ETF Likely to Get Approval Before XRP, Says Bloomberg Analyst
03.02.2025 14:00 1 min. read
Binance Expands Spot Platform with New Trading Pairs
Binance is gearing up to enhance its Spot platform with the introduction of additional trading pairs, offering more flexibility for its traders.
Whales Hedge Against Solana’s Volatility Ahead of $2B Token Unlock
After the $1.4 billion Ethereum exploit at Bybit, the focus has shifted to Solana (SOL) as bearish sentiment intensifies.
Pi is Heading for $2 – Will it Recover?
Pi Network’s PI Token officially debuted on February 20, marking a major milestone for the project.
5 U.S. Cryptos to Watch as February Comes to a Close
As February draws to a close, five U.S.-based cryptocurrencies—Story (IP), Ondo Finance (ONDO), OFFICIAL TRUMP (TRUMP), Solana (SOL), and Uniswap (UNI)—are attracting market attention.
-
1
Dogecoin Whale Dump Sends Price Plummeting Amid Market Crisis
03.02.2025 16:00 1 min. read -
2
Ethereum’s Next Move Could Be Determined by These Critical Price Levels
08.02.2025 12:00 1 min. read -
3
SEC Clarifies Memecoins, Including Trump Tokens, Fall Outside Its Jurisdiction
12.02.2025 20:00 1 min. read -
4
Binance Unveils Seventh Altcoin for HODLer Airdrop and Upcoming Listing
05.02.2025 16:30 1 min. read -
5
Litecoin ETF Likely to Get Approval Before XRP, Says Bloomberg Analyst
03.02.2025 14:00 1 min. read
