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News Explorer — Wallet from Ethereum ICO Days Comes Back to Life, Transfers Over $14 Million
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May 28, 12:23 pm
The Block
Wallet from Ethereum ICO Days Comes Back to Life, Transfers Over $14 Million
A wallet that purchased 8,000 ether ($14.8 million) in the Ethereum ICO in 2015 has recently transferred its funds to another address. The wallet made a test transaction of 1 ether ($1,845) before sending the remaining 7,999 ether, and the owner is now sitting on a 591,900% return on investment at current prices. The funds have been moved to another wallet with limited transaction history, and it is unclear why this Ethereum ICO participant is consolidating their funds.
A wallet that purchased 8,000 ether ($14.8 million) in the Ethereum ICO in 2015 has recently transferred its funds to another address. The wallet made a test transaction of 1 ether ($1,845) before sending the remaining 7,999 ether, and the owner is now sitting on a 591,900% return on investment at current prices. The funds have been moved to another wallet with limited transaction history, and it is unclear why this Ethereum ICO participant is consolidating their funds.
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