Ancient Ethereum Pre-Mine Activated, Spark Controversy and Speculation

A dormant Ethereum address, dating back to before the cryptocurrency’s official launch, has been activated recently, containing $3.7 million in ETH. This event sparked debate within the investment community about fairness, with some arguing against its legitimacy compared to Bitcoin’s initial distribution. 72 million tokens were distributed across various recipients – early ICO investors, project contributors, and non-profits – following the activation. The pre-mine has long been a point of contention among industry experts, with some anticipating significant profits from this dormant fund after years of market fluctuations.