Dormant Ethereum Wallet Transfers 8,000 ETH 

The post Dormant Ethereum Wallet Transfers 8,000 ETH  appeared first on Coinpedia Fintech News

An Ether wallet that remained inactive for 8 years has made a surprising move, transferring 8,000 ETH in just 2 minutes. The wallet had collected Ether during Ethereum’s ICO in 2015 and had stayed dormant until May 27. The owner sent 1 ETH to a new wallet, followed by a rapid transfer of 7,999 ETH to another wallet. The transactions caught the attention of Lookon Chain, a Blockchain Analytics Service, who alerted their 219k Twitter followers about the significant movement.