An Ethereum wallet that has been inactive in 2015 has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.
The wallet received 8,000 ETH after participating in Ethereum’s ICO (initial coin offering) in 2015 and remained inactive until May 27.On that day, its owner began with a cautionary transfer of 1 ETH to a new wallet. One minute later, they transferred the remaining 7,999 ETH to the new wallet address.
At the time of writing, the ETH stash is worth approximately $14.7 million.
This transaction was first noticed by blockchain analytics service Lookonchain, which informed its 219,000 Twitter followers of the transfer.
