{"id":10382,"date":"2024-02-02T15:45:31","date_gmt":"2024-02-02T13:45:31","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-address-springs-to-life-8-5-years-post-ico\/"},"modified":"2024-02-02T15:45:31","modified_gmt":"2024-02-02T13:45:31","slug":"ethereum-address-springs-to-life-8-5-years-post-ico","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-address-springs-to-life-8-5-years-post-ico\/","title":{"rendered":"Ethereum Address Springs to Life 8.5 Years Post-ICO"},"content":{"rendered":"<p>The owner of an Ethereum address, which participated in the ICO and holds 492 ETH (approximately $1.14 million at the time of writing), has conducted transactions for the first time in 8.5 years.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">? A dormant pre-mine address containing 492 <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&#038;ref_src=twsrc%5Etfw\">#ETH<\/a> (1,139,052 USD) has just been activated after 8.5 years!<a href=\"https:\/\/t.co\/QI9hYG7GbD\">https:\/\/t.co\/QI9hYG7GbD<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1753354116053541311?ref_src=twsrc%5Etfw\">February 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The coins had been held since July 30, 2015, the date of the cryptocurrency&#8217;s mainnet launch.<\/p>\n<p>On February 2, 2024, a likely test transaction of 0.5 ETH was made from the address, followed by a transfer of 98 ETH to the same wallet.<\/p>\n<p>According to <a href=\"https:\/\/etherscan.io\/address\/0x335736881d19db584f59262e562d9983290db240\">Etherscan<\/a>, the recipient address was generated by the Bitcoin exchange Kraken in January 2022.<\/p>\n<p>Under Whale Alert&#8217;s post about the first movement of these long-held coins, jokes appeared suggesting the owner finally remembered their seed phrase.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Guy remembers his seed and instantly becomes a millionaire ?? wild<\/p>\n<p>\u2014 John \u201c\u20bf\u201d Nectarios (@J1General_) <a href=\"https:\/\/twitter.com\/J1General_\/status\/1753356968385716646?ref_src=twsrc%5Etfw\">February 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Similar comments were made when another early Ethereum investor made their first transaction in April 2023, transferring 2360 out of 2365 ETH obtained during the ICO to a new address.<\/p>\n<p>In March, an address inactive for over five years moved 10,266 ETH, with part of the funds reaching the Poloniex exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The owner of an Ethereum address, which participated in the ICO and holds 492 ETH (approximately $1.14 million at the time of writing), has conducted transactions for the first time in 8.5 years. ? A dormant pre-mine address containing 492 #ETH (1,139,052 USD) has just been activated after 8.5 years!https:\/\/t.co\/QI9hYG7GbD \u2014 Whale Alert (@whale_alert) February [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46],"class_list":["post-10382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10382"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10381"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}