An early Ethereum holder transferred 52,170 ETH after three years of inactivity, worth $120.61 million
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.