Citing TheCCPress, an Ethereum ICO-era wallet, dormant for nearly a decade, recently staked $120 million worth of ETH. The wallet holder remains unidentified, and no official claims have been made. The move, tracked by on-chain systems, reflects long-term confidence in Ethereum’s staking mechanism and has slightly increased the total staked value. The action has sparked discussions on long-term holding strategies and the robustness of Ethereum’s proof-of-stake model. No significant price volatility or official responses have been observed.
Ethereum ICO Wallet Stakes $120M After 10-Year Dormancy
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