🚨 Dormant Ethereum ICO Whale Awakens: Deposits $24.4M ETH to Kraken After 2 Years!
5 hours ago, wallet 0xfb1, linked to an Ethereum ICO participant (0xde0), made a significant move by depositing 10,000 ETH (worth $24.4M) to Kraken after two years of inactivity.
Address: 0xfb1f0e24e3df3e7165c17c668316d70e77563884
🗝️ Key Insights:
ICO Participant History:
The whale received 50,000 ETH at the GENESIS block on July 30, 2015, at a price of $0.31 per ETH (total value: $15.5K).
Active Years (2016–2018):
During this time, the whale:Deposited 14,602 ETH (worth $21.2M) to Poloniex and Kraken at an average price of $1,452.Sent 6,100 ETH (worth $74.5K back then, now $14.4M) to projects like Firstblood, Digix, and Iconomi.Staked 10,000 ETH (now worth $23.6M) with StakeWise via 0x56556075Ab3e2Bb83984E90C52850AFd38F20883.
Dormancy and Recent Activity:
After being mostly inactive since January 22, 2018, the whale woke up briefly on October 10, 2022, to transfer ETH to wallet 0xfb1.Now, after two years of dormancy, the whale has transferred 10,000 ETH to Kraken.
📊 Current Holdings:
19,357 ETH total (worth $47.13M):9,298 ETH ($22.64M) in wallet 0xfb1.10,058 ETH ($24.49M) staked with StakeWise.
This large deposit to Kraken suggests the whale may be preparing for a major move, possibly signaling future market activity.
