TechFlow news, on May 26, according to on-chain analyst Onchain Lens (@OnchainLens), an Ethereum address that had been dormant for four years has reactivated. The address transferred 97,001 ETH (approximately $249 million) to three different wallets and simultaneously sent 137 ETH (approximately $351,000) to the Bitstamp exchange.
It is reported that this address previously withdrew 101,390 ETH from Binance and Bitstamp exchanges around four to five years ago, when it was worth about $67.18 million, resulting in a current paper profit of approximately $192 million.
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