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Ethereum OG Address Transfers 52,170 ETH ($120.61M) to New Wallet After 3-Year Dormancy

GateNews
On-Chain Dataethereum news
ETH0.99%

According to BlockBeats, an Ethereum OG address transferred 52,170 ETH (approximately $120.61 million) to a new wallet on May 9, after remaining dormant for 3 years. The transfer was detected by lookonchain.

The address had previously withdrawn 42,572 ETH from Kraken 6 years ago when ETH was trading at $246 per token, valued at approximately $10.48 million at the time.

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