Ethereum Holder Transfers $2.2 Million After Decade of Inactivity
- Ethereum genesis coins worth $2.2M moved after 10 years.
- Unclaimed coins from 2015 genesis block.
- No immediate market impact observed.
An Ethereum wallet associated with the 2015 genesis block transferred $2.2 million worth of coins for the first time in a decade.
This transfer highlights the continued interest in original Ethereum coins, though no market shifts were recorded.
2015 Genesis Wallet Moves 2,000 ETH After 10 Years
The Ethereum wallet, originating from the 2015 Genesis block, transferred approximately 2,000 ETH. This wallet had remained dormant for over a decade, leading to intrigue among cryptocurrency enthusiasts. “This is the first time in a decade that these coins have been moved, highlighting the long-term HODL strategy employed by early investors,” said an Ethereum original investor. source
No known individuals or entities have claimed ownership of the wallet. The action did not involve any official statements from Ethereum’s leadership.
No Price Changes Following $2.2M Ethereum Transfer
Despite the wallet’s activity, there were no immediate price changes in Ethereum. The coins’ provenance raised curiosity within the community about potential implications.
No regulatory bodies have commented on the event, and no compliance actions have been reported. Community response on public forums remains minimal.
Genesis Coin Transfers Rarely Trigger Volatility
Previous wallet movements from Ethereum’s genesis period have occasionally sparked speculation. Historically, such transitions have rarely triggered significant market volatility unless mass selling occurs.
Based on prior occurrences and data trends, this movement is unlikely to have substantial effects, unless it signals a broader trend among Ethereum holders.
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