A dormant pre-mined Ethereum wallet reactivates after 8 years
Despite these market shakes, the price of Ethereum has remained steady. Ethereum, also known as ETH, closed at $1,902.26, with a modest 0.4% growth, proving its resilience to this sudden movement of pre-mined Ethereum. The market capitalization for Ethereum is presently $228.6 billion.
Ethereum's ICO took place back in 2014, a pioneering event in the cryptocurrency world, where tokens were sold for approximately $0.31 each. Those fortunate enough to have participated in the ICO and held onto their Ethereum would now be seeing a considerable return on investment, with the current price exceeding $1,900. These recent whale movements illustrate the long-term value of Ethereum and underscore the potential impact of large token holders on the market.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dormant pre-mined Ethereum worth $116M resurrects after 8 yearsWhile the identity of the wallet owner remains unknown, it showcases the importance of hodling — an investment strategy that prioritizes the long-term accumulation of crypto tokens.
Read more »
Ethereum (ETH) Reaches Massive New Milestone: ReportSecond largest digital currency has hit important new milestone that shows trust from community
Read more »
Ethereum ICO Participant Transfers $116M ETH After 8 Years of DormancyA wallet that received over 61,000 $ETH after the initial coin offering (ICO) in 2015 transferred the entire amount to a wallet linked to crypto exchange Kraken, blockchain data shows. By shauryamalwa.
Read more »
Is Ethereum (ETH) Poised for Run Toward $2,000?$ETH stronger than it looks, which could spark a rally toward $2,000
Read more »
Asset Managers Believe BTC Has More Upside, ETH Continues to be Biggest Holding | CoinMarketCapCryptoNews: According to a survey conducted by CoinShares among prominent asset managers, Bitcoin $BTC has the most promising growth outlook of all cryptocurrencies. 🚀
Read more »
Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOTBitcoin and select altcoins are at risk of slipping below their immediate support levels, signaling that bears are attempting a comeback.
Read more »