{"id":19971,"date":"2024-12-27T19:01:45","date_gmt":"2024-12-27T17:01:45","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-ico-participant-moves-over-630-eth-after-nine-years\/"},"modified":"2024-12-27T19:01:45","modified_gmt":"2024-12-27T17:01:45","slug":"ethereum-ico-participant-moves-over-630-eth-after-nine-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-ico-participant-moves-over-630-eth-after-nine-years\/","title":{"rendered":"Ethereum ICO Participant Moves Over 630 ETH After Nine Years"},"content":{"rendered":"<p>On December 27, an address involved in the Ethereum ICO executed its first outgoing transaction in over nine years, transferring 631.1 ETH ($2.08 million at the time of writing) to Coinbase. This activity was highlighted by Spot On Chain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? Late Christmas gift redemption? An <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> ICO participant returned after 9.4 years of dormancy and deposited 631.1 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> ($2.14M) to <a href=\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&#038;ref_src=twsrc%5Etfw\">#Coinbase<\/a> in the past 10 hours as the market rebounded!<\/p>\n<p>In July 2015, this participant received 1,940 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> (then worth only $601) at the\u2026 <a href=\"https:\/\/t.co\/9o1qjlInWV\">pic.twitter.com\/9o1qjlInWV<\/a><\/p>\n<p>\u2014 Spot On Chain (@spotonchain) <a href=\"https:\/\/twitter.com\/spotonchain\/status\/1872655449755173240?ref_src=twsrc%5Etfw\">December 27, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In July 2015, the address received 1940 ETH, which was valued at $601 at the time.<\/p>\n<p>According to Spot On Chain, the user retains 1309 ETH ($4.3 million). The identity behind the tracked wallet remains unknown.<\/p>\n<p>Previously, an Ethereum ICO participant <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-ethereum-ico-address-awakens-after-eight-years\">&#8220;awoke&#8221; after eight years of inactivity<\/a>, sending 0.01 ETH from an address holding 200 ETH.<\/p>\n<p>In March, a wallet dormant for nearly 12 years <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\">moved all its 500 BTC<\/a>, amounting to nearly $35 million. The user acquired the first cryptocurrency on July 14, 2012, at a price of $7.57.<\/p>\n<p>In late July, an unknown Ethereum ICO participant <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-ico-participant-moves-2000-eth-for-the-first-time\">moved 2000 ETH for the first time in nine years<\/a>, distributing them across two new addresses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 27, an address involved in the Ethereum ICO executed its first outgoing transaction in over nine years, transferring 631.1 ETH ($2.08 million at the time of writing) to Coinbase. This activity was highlighted by Spot On Chain. ? Late Christmas gift redemption? An #Ethereum ICO participant returned after 9.4 years of dormancy and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19970,"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":[1227,46],"class_list":["post-19971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19971","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=19971"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/19970"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=19971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=19971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=19971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}