Two inactive wallets from 2018 have been reactivated and transferred 200,000 ETH ( worth over $785 million at that time ) to two new addresses. This was reported by analysts from Lookonchain on X.
According to analysts, these addresses are linked to the so-called Ethereum-OG — an early investor who mostly acquired his coins through the cryptocurrency exchange Bitfinex. Overall, he currently controls over 736,000 ETH ( approximately $2.89 billion ) across eight wallets.
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Two inactive wallets from 2018 have been reactivated and transferred 200,000 ETH ( worth over $785 million at that time ) to two new addresses. This was reported by analysts from Lookonchain on X.
According to analysts, these addresses are linked to the so-called Ethereum-OG — an early investor who mostly acquired his coins through the cryptocurrency exchange Bitfinex. Overall, he currently controls over 736,000 ETH ( approximately $2.89 billion ) across eight wallets.