Ancient Ethereum (ETH) Address Comes to Life, Here Are Likely Reasons

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Ancient Ethereum (ETH) Address Comes to Life, Here Are Likely Reasons
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ICO-era address on Ethereum chain reawakened with millions in assets

To revive the wallet, the ICO participant sent just one Ethereum token to a new address in what appears to be a functionality test. The ICO era wallet received a total of 2,365 during the public sale, which was priced at approximately $0.31 at the time.

This address has HODLed the tokens through the storm and, at present, the tokens are worth roughly $4.42 million.

Reawakening the wallet may have different causes, but the trust in the potential of Ethereum to hit new milestones now that the Shapella upgrade is live remains good motivation.as it is entering the week with a largely bearish stride.

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