Ethereum Wallet Re-activates After 9.7-Year Dormancy: Speculation Surges

An Ethereum wallet participating in the 2014 initial coin offering (ICO) has recently awakened from a dormant state, sending a single ETH to an anonymous address after nearly nine and a half years. Lookonchain, an on-chain analytics platform, revealed this event on social media. The wallet originally received 2,000 ETH during the ICO genesis phase. Now, it has resumed activity, transferring a single ETH to an anonymous address. The wallet’s current balance of approximately $1,850 per ETH is a result of its initial investment.