ספּענדינג $ 276M אין יטער - קאָלאָסאַל עטהערעום ווייל וואָס אנטייל אין די גענעסיס יקאָ טראַנספערס 145,000 ETH - ביטקאָין נייַעס

After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates.

Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses

אויף אויגוסט קסנומקס, קסנומקס, אָנטשאַין דאַטן indicates that a whale who participated in the Ethereum Genesis ICO has moved 145,000 עטה to various addresses. The funds were worth $276 million using current עטה exchange rates. It was the first time the Genesis ICO participant spent coins since 2019, back when 5,000 עטה exited the whale’s wallet. At the time of writing, the address currently holds 0.‍1177 עטה worth $22,4 after it emptied the 145,000 ether.

The transfers on Sunday were sent in multiple batches of 5,000 עטה, קסנומקס עטה, און קסנומקס עטה increments. The whale ended the transfers with a final 10,000 עטה transfer sent at 12:18 a.m. (UTC). The wallet owner also transferred 918.89 canto utility token (CANTO) after sending the final 10,000 ether from the wallet. Statistics show that the address currently has $26,770 worth of ERC20 tokens in the wallet as well. Most of the ERC20 token value ($26,439) is held in omisego (OMG).

The address also has an Enjin-crafted “Protocol of Quick Response” non-fungible token (NFT) worth 0.02 עטה or $38. Before sending out the 145,000 עטה, the whale also sent 5,000 עטה on July 31, 2019, when ether was exchanging hands for $220 per coin. That transaction in July 2019 was approximately $1.1 million in USD value. The 145,000 ether sent on Sunday was sent to נייַן separate blockchain addresses.

None of the nine addresses tied to the 145,000 ethereum have spent the stashes of coins and some of the addresses hold the CANTO token that was sent from the original address. It’s worth noting that the term “spent” in this article, simply means the transfer of עטה from one address to another address. There really is no way of knowing whether or not the coins were “sold” or are “meant to be sold” on the open market.

So-called ‘sleeping cryptocurrencies’ wake up all the time, and after remaining idle for three years, it’s really not that long in the grand scheme of things. For instance, on August 10, 2022, the blockchain parser btcparser.com געכאפט 41.55 בטק that derived from 11 years ago or June 19, 2011. The bitcoins officially ‘woke up’ at בטק block height 748,851 when they were spent. Blockchain parsers are always catching ‘sleeping cryptocurrencies’ waking up. However, the aformentioned עטה whale is far more colossal in size, compared to the old bitcoiner that transferred 41 בטק from 2011.

What do you think about the 145,000 ethereum spent after sitting dormant for three years? Let us know what you think about this subject in the comments section below.

Jamie redman

Jamie Redman איז די נייַעס פירן ביי Bitcoin.com News און אַ פינאַנציעל טעק זשורנאַליסט לעבעדיק אין פלאָרידאַ. Redman איז אַן אַקטיוו מיטגליד פון די קריפּטאָקוררענסי קהל זינט 2011. ער האט אַ לייַדנשאַפט פֿאַר ביטקאָין, אָפֿן-מקור קאָד, און דיסענטראַלייזד אַפּלאַקיישאַנז. זינט סעפטעמבער 2015, Redman האט געשריבן מער ווי 5,700 אַרטיקלען פֿאַר Bitcoin.com נייַעס וועגן די דיסראַפּטיוו פּראָטאָקאָלס ימערדזשינג הייַנט.

בילד קרעדיץ: שוטטערסטאָקק, פּיקסאַבייַ, Wiki Commons