- ETH address contained a total of roughly 100 ETH.
- The address was reactivated 2 hours and 53 minutes ago.
The crypto community was recently taken aback when an Ethereum (ETH) address that had been dormant for an astonishing seven years suddenly sprang to life. However, the address contained a total of roughly 100 ETH (which currently amounts to around $149,980).
Thus causing a flurry of speculation and excitement throughout the cryptocurrency community. The address, which was registered back then, had not seen any activity.
💤 A dormant address containing 100 #ETH (149,980 USD) has just been activated after 7.5 years (worth 67 USD in 2015)!https://t.co/rAQ9XmWOv7
— Whale Alert (@whale_alert) February 14, 2023
According to the transaction details provided by Whale Alert, the address was reactivated 2 hours and 53 minutes ago. However, the process was at a fee of 0.00033502177254 ETH ($0.50 USD).
The transaction caused an uproar on social media. Many crypto enthusiasts began speculating on the identity of the mysterious person or entity behind the address. Some suggested that it could be a wealthy investor who had been holding onto their funds for years.
However, others theorized that it might be a sign of something bigger happening in the world of Ethereum. Whatever the truth may be, the sudden activity from this ancient Ethereum address has captivated and intrigued many in the crypto space.
Naturally, the sudden activation of this long-dormant address has sparked numerous reactions from crypto enthusiasts on Twitter. Some suggest that the owner may be preparing to stake their newfound ETH.
Adding to that others believe that this could be the start of many more dormant accounts being reactivated in the near future. Whatever happens next remains to be seen, but it’s certainly an intriguing development that has gotten many people talking.
