According to on-chain analyst Ember (@EmberCN), an address that participated in Ethereum’s ICO in 2015 made its first transfer after holding the assets for approximately 10 years, sending 10,000 ETH (approximately $22.9 million) to the address 0xCD59. The address originally purchased the 10,000 ETH at the ICO price of $0.311 per ETH, for an initial cost of about $3,110; at current market prices, this batch of ETH is valued at approximately $22.88 million.
Ethereum ICO address transfers 10,000 ETH after 10-year hold
TechFlowShare
Summary
ETH news emerged as a long-dormant Ethereum ICO address from 2015 made its first transfer in 10 years. The address sent 10,000 ETH (approximately $22.9 million) to 0xCD59. The ETH was originally purchased at $0.311, totaling around $3,110. This ETH update marks the first movement of one of the oldest ETH holdings.
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