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TechFlow news: On May 9, according to on-chain analytics platform Lookonchain (@lookonchain), an early Ethereum holder—who had been inactive for three years—transferred all 52,170 ETH to a new wallet four hours ago, valued at approximately $120.61 million. Data shows that six years ago, this address withdrew 42,572 ETH from Kraken when ETH’s price was only $246, amounting to roughly $10.48 million at the time.
According to on-chain analytics platform Lookonchain (@lookonchain), an early Ethereum holder transferred all 52,170 ETH to a new wallet four hours ago, valued at approximately $120.61 million. Data shows that this address withdrew 42,572 ETH from Kraken six years ago when ETH was priced at just $246—valued at approximately $10.48 million at the time.
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