{"id":134183,"date":"2024-07-26T19:30:04","date_gmt":"2024-07-26T16:30:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134183"},"modified":"2024-07-26T22:59:19","modified_gmt":"2024-07-26T19:59:19","slug":"ethereum-foundation-wallet-moves-295-million-after-long-inactivity","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-foundation-wallet-moves-295-million-after-long-inactivity\/","title":{"rendered":"Ethereum Foundation Wallet Moves $295 Million After Long Inactivity"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1816647437404242039\" rel=\"nofollow\">wallet\u2019s<\/a><\/strong> last known activity was over six years ago, drawing notable interest from the crypto community.<\/p>\n<p>The funds were initially allocated by the Ethereum Foundation on September 1, 2015, shortly after Ethereum\u2019s launch. The purpose of this transfer is unclear, but it has not led to major market changes.<\/p>\n<p>Bitcoin and Ethereum rebounded on Thursday, recovering to earlier week levels. Bitcoin saw a 4.58% increase, reaching $67,166, while <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> rose by 2.1% to $3,243.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134165\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This recovery comes after a significant drop on Wednesday due to market-wide liquidations. Despite the bounce-back, investor sentiment remains mixed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":3,"featured_media":44002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,424,271],"coin_category":[],"class_list":["post-134183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-crypto","tag-ethereum"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum Foundation Wallet Moves $295 Million After Long Inactivity<\/title>\n<meta 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