💦💦Ethereum Was the First Eye Sore: Whale in the Agenda with Its Frightening Transaction 9 Years Later! 💦💦

An Ethereum whale, which remained inactive for about 10 years, caught on-chain radars with its latest transaction.$ETH

According to Lookonchain data, an investor who participated in Ethereum's 2014 public offering (ICO) made a new transaction after a 9.4-year silence period.

According to on-chain data, this wallet owner, who had not traded for a long time, transferred 0.01 ETH from his current wallet to a new wallet. The investor in question purchased 1,940 ETH in Ethereum's initial offering and paid only $601 for this amount. At today's prices, the value of this amount of ETH reaches approximately $6.56 million.

Experts generally interpret the activation of wallets that have been inactive for a long time as investors reviewing their past investments or trying to restructure. Such transactions are closely monitored as they can have potential effects on the market.

Ethereum, which has fallen by 1% in the last 24 hours, is trading at $3,389 at the time of writing.

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