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Long-Dormant Ethereum Address Comes To Life After 8.5 Years Amid Growing Speculation Of ETH ETF

Published by
Benzinga

An Ethereum (CRYPTO: ETH) address that stood inactive for eight and a half years sprang to life as it transferred 2000 ETH, worth approximately $506,140, Etherscan data confirms. What Happened: The reactivated wallet held ETH that cost between $0.42 to $1.39 back when the cryptocurrency was in its early days. This comes amid optimism regarding the potential of an ETH exchange-traded fund (ETF). ETH is up 17% in the last seven days, trading at $2,511. This means the price of ETH has increased by approximately 180,558.27% from its mining days. See More: Dogecoin HODLERs Are Beating Shiba Inu Wit…

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