Ethereum Foundation Associated Address Moves 2000 ETH After Six Years of Inactivity
According to BlockBeats, an Ethereum Foundation associated address, inactive for six years, transferred 2000 ETH to a new address, 0x9d2, two hours ago. The value of this transaction is approximately 6.56 million USD. The address received 2000 ETH from the Ethereum Foundation nine years ago, in September 2015, when the price of the coin was only 0.8917 USD. The value has since appreciated, resulting in a profit of 6.11 million USD. The address is likely owned by an early participant in Ethereum or the Foundation itself.