Ethereum wallet that had been hibernating since ETH ICO has come to life and made sizeable ETH transaction
Later on, a much bigger amount of Ethereum — 50,000 coins — was sent to Kraken with the apparent goal of selling it. The amount of 50,000 ETH is the equivalent of 81,638,671. However, it was transferred from a different wallet than the above-mentioned dormant one. awakened and transferred 191 ETH evaluated at $317,724 to an anonymous wallet.
Over the past few years, several dormant wallets containing large and small chunks of Ethereum and Bitcoin have been reactivated. Many users in the comments suggest that these old-time crypto owners may have just found their lost private keys to those wallets, which in many cases may be true.
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