Press Enter to search · ESC to close

Crypto

Dormant 11.3-Year Ethereum Genesis Address Holding 2,155 ETH Activated

An Ethereum genesis (pre-mine) address dormant for 11.3 years was activated, holding about 2,155 ETH worth roughly $4.58 million, Whale Alert said. Etherscan data shows the address (0x7dDd…59Bc) sent 0.05 ETH to another address at 06:04 Beijing time, likely a test transfer, and still holds about 2,154.95 ETH.

Original source

AI take

Genesis-era wallets moving after more than a decade are a familiar but still notable signal, because the holder has sat through every major cycle without touching the balance. The small test transfer is the tell: such addresses typically probe an address before moving the remainder, so the open question is whether the rest follows. At roughly $4.58 million, the position is large enough to draw attention but not large enough to be a market-moving event on its own. What matters is whether this is a one-off custody change or the start of broader distribution from long-dormant pre-mine holdings.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback