According to Bijie Wang, a long-dormant Ethereum ICO address (0xbDb6) has transferred 2000 ETH, valued at $5.96 million, to a new wallet, as reported by Lookonchain. The address originally invested $620 during the ICO era, achieving a 9616x return.
Ethereum ICO Address Dormant for 10 Years Moves 2000 ETH Worth $5.96M
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Summary
A long-term Ethereum ICO address (0xbDb6) has moved 2000 ETH, valued at $5.96 million, to a new wallet, according to Lookonchain. The address initially invested $620 during the ICO. What is notable is the 9616x return after a decade of dormancy. The transfer has sparked interest in the potential movement of other old holdings.
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