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The Ethereum ICO Whale that has been dormant for ten years awakens: $120 million begins to stake
[Block Rhythm] Interesting news! On December 1st, on-chain monitoring discovered that an ancient wallet, which has held 40,000 ETH since the ICO period, suddenly became active. This address had been dormant for over ten years, holding Ethereum worth 120 million USD.
Now it has awakened and started to deposit ETH into staking. Not moving for ten years, and when it does, it's a big move. Have the old players finally been unable to resist eating the staking rewards? Or do they have other plans? The movements of such a large wallet should be noted by the market.