Over 51,000 ETH Moved from a Dormant 2-Year Address to a New Wallet, Worth Over $150 Million and Yielding 20x Returns
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Odaily Planet Daily reported that, according to Ember monitoring, a total of 51,431 ETH (approximately $152 million) have been transferred from several addresses that had been dormant for two years to new wallets in the past half hour. These ETH holdings can be traced back to late 2019 to early 2020, with an average purchase price of around $150, representing a more than 20-fold increase to date.
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