Ethereum ICO Era Whale Moves $645 Million Worth of ETH to Staking After Three Years

A major investor who participated in the Ethereum ICO in 2014 has transferred 150,000 ETH, which had been dormant for over three years, to a staking address on May 5th. According to data analysis by Ember CN, Ethereum (ETH) worth a total of $645 million (approximately 96 billion yen) was sent to staking services from three addresses. The last activity for these addresses was in February 2022, and they had been inactive for a long period until this recent transfer. This investor had acquired 1 million ETH during the 2014 ICO and currently holds ETH worth approximately $1.1 billion. Related: Ethereum Treasury Investments Accelerate, Three Listed Companies...