ChainCatcher news, the blockchain world has another surprise! According to Spot On Chain monitoring, an address participating in the Ethereum ICO was suddenly activated after being silent for 9.4 years, and deposited 631.1 ETH to Coinbase, worth about $2.14 million.
Looking back at history, the address received 1,940 ETH in the Genesis block in July 2015, which was worth only $601 at the time. Today, this address still holds 1,309 ETH, with a market value of about $4.4 million.
This event has attracted the market's attention to on-chain data, especially the analysis of long-term holder behavior patterns. As blockchain technology develops, on-chain data analysis will continue to provide important insights to the market.