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An Ethereum OG Wallet Wakes Up After More Than 10 Years

An Ethereum wallet that remained dormant for over a decade has suddenly become active, moving 2,155 ETH worth approximately $4.59 million.

According to Lookonchain, the wallet originally acquired 1,400 ETH during Ethereum's ICO at just $0.31 per ETH, representing an initial investment of around $434.

This makes the movement particularly interesting, considering how much Ethereum's value has changed over the years.

However, the transfer alone does not confirm that the holder intends to sell.

The bigger question now is whether this wallet will remain active or make further moves that could attract market attention.

On-chain activity like this is worth watching, especially when long-dormant wallets start moving significant amounts of ETH.

DYOR. NFA.
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