Dormant pre-mined Ethereum worth $116M resurrects after 8 years

💎🤲 Diamond hands irl: 61,216 ETH move to a Kraken wallet address after 8 years of silence.

confirms that the pre-mined 61,216 ETH were transferred to a Kraken wallet address on July 18 at 7:30 pm Eastern Time. Sending $116 million in Ether required a minuscule transaction fee of $1.5 and 25.475673161 gwei in gas price, as shown in the below screenshot.While the identity of the wallet owner remains unknown, it showcases the importance ofTwo transactions related to the pre-mined Ether transfer.

The screenshot above shows that the owner of the 61,216 ETH took a cautious approach to ensure no loss of funds due to human error. Before commencing the whale transaction by sending a test transaction with 0.05 ETH to the Kraken address.

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