🚨 BREAKING NEWS ALERT 🚨

🔴 Massive Ethereum Transfer Alert

In a major development, #Lookonchain has reported that 789,533 ETH, equivalent to approximately $2 billion, is being transferred from wallets that have been inactive for over 3.3 years.

These funds are linked to the “Plus Token Ponzi 2” wallet, which was seized by Chinese authorities during their crackdown on the infamous Plus Token Ponzi scheme.

This large-scale transfer of #Ethereum from dormant wallets is a significant event in the crypto world, as it can influence market dynamics and potentially lead to increased volatility.

Market watchers and investors are closely monitoring the situation to understand its impact on Ethereum's price and the broader crypto market.

#NewsAboutCrypto #CryptoNewss #AllAboutCrypto

(🌐Source: Lookonchain)