ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years
According to ChainCatcher, monitored by Lookonchain, an Ethereum ICO address (0x2dCA) that had been dormant for over 10 years suddenly became active. It first transferred 5 ETH (about $15,000) to a new address for testing, and then transferred the remaining 39,995 ETH (about $119.4 million) to a new wallet (0x2602). This address originally purchased 40,000 ETH during the ICO phase for about $12,400, resulting in a cumulative return of approximately 9,639 times based on the current price.
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