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Early Ethereum Investor Transfers $785M Worth of ETH After 8-Year Dormancy
Gate News bot message, two long-dormant Ethereum wallets have activated after more than 8 years of inactivity, transferring 200,000 ETH (valued at $785 million) to two new addresses.
According to transaction data, these wallets belong to an early Ethereum investor who initially acquired their ETH holdings from centralized exchanges. The investor currently maintains a total of 736,316 ETH, equivalent to $2.89 billion, distributed across eight different wallets.