{"id":82391,"date":"2023-07-31T11:49:04","date_gmt":"2023-07-31T08:49:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82391"},"modified":"2025-09-12T04:45:27","modified_gmt":"2025-09-12T01:45:27","slug":"user-moves-641-eth-purchased-eight-years-ago","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/user-moves-641-eth-purchased-eight-years-ago\/","title":{"rendered":"User moves 641 ETH purchased eight years ago"},"content":{"rendered":"

The Ethereum address that participated in the original coin offering (ICO) moved 641 ETH worth about $1.2 million for the first time in eight years.<\/p>\n

\"Snimok-ekrana-2023-07-31-v-11.23.57\"
Data: X<\/a>.<\/figcaption><\/figure>\n

According to Lookonchain experts, the user sent the assets into staking<\/a>.<\/p>\n

In total, during the ICO the wallet received 2000 ETH<\/a> at a price of ~$0.31 per coin. These assets are now worth about $3.72 million.<\/p>\n

At the time of writing, ETH is trading at $1867, up 0.33% over 24 hours.<\/p>\n

\"ETHUSDT_2023-07-31_11-29-31\"
15-minute ETH\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

In August 2022, an unknown Ethereum Genesis moved 145 000 ETH<\/a> from a wallet that had been idle for the last three years.<\/p>\n

Later, the user who bought 8000 ETH during the ICO transferred<\/a> all funds to another wallet. A few days earlier, 207 ETH had been sent to the same address, which had been inactive since 2017.<\/p>\n

In 2022, unidentified users withdrew 250 BTC from five wallets that had been dormant for more than 12 years.<\/p>\n

In April 2023, 6071 BTC<\/a> came into motion, held for nine years.<\/p>\n

Previously, an unknown address moved 2.04 million DOGE<\/a>, which had been held since December 31, 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ethereum address that participated in the original coin offering (ICO) moved 641 ETH for about $1.2 million, the first such move in eight years.<\/p>\n","protected":false},"author":1,"featured_media":82392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,46,319],"class_list":["post-82391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-ethereum","tag-ico"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82391","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=82391"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82391\/revisions"}],"predecessor-version":[{"id":82393,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82391\/revisions\/82393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/82392"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=82391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=82391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=82391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}