@mutichain
Ethereum worth ~$288 million moved for the first time in seven years
š² On July 25, an address likely associated with the Ethereum Foundation (EF) transferred 92,500 ETH worth about $287.7 million after seven years of inactivity.
In response to speculation about the involvement of the non-profit organization in the transactions, EthHub co-founder Eric Conner stated that it is most likely an early participant. š³
š According to the Arkham platform, on September 1, 2015, the organization moved 96,474 ETH. From the new address, the funds were sent to an unmarked wallet seven years ago, which remained almost inactive all this time.
š Conner believes that the 2015 transaction was the initial transfer of EF assets to an investor. There were many such operations at that time, he added.
Comments noted that ETH was worth $1.35 at that time, and the entire amount slightly exceeded $100,000. š°š
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