An early ether {{Eth}} The investor joined the economic layer of the market with one of the largest deposits in recent memory.
The data in the chain marked 150,000 ETH, for a value of approximately $ 646 million, moving from three wallets linked to the initial supply of Ethereum 2014 currencies in a rethinking direction on Thursday night.
The wallets had been inactive since February 2022, when they processed the transactions that are not ETH.
The investor originally received 1 million ETH during the ICO for a disbursement of $ 310,000, effectively buying ether at $ 0.31. That position is now valued about $ 4.3 billion, according to Lookonchain data.
Even after this week’s movement, two wallets still have another 105,000 ETH, for a value of $ 451 million.
It is the latest in a resurgence ICO whale chain. Last month, a participant transferred $ 19 million in Eth a Kraken, while another transferred 2,300 Eth to the exchange.
Merchants see such transactions as the signs of the circulation of long latent supply, although in this case the funds were betrayed instead of selling.
The Ethereum stagnation layer has increased more than 33 million ETH this year, with the older investors participating more and more as the returns are stabilized and the proof model of participation of the mature network.
