A stunning move!

An Ethereum ICO whale suddenly takes action!

According to the latest monitoring: two hours ago, an ancient Ethereum ICO whale holding 560,000 ETH made an astonishing move! It transferred 6,022 ETH (worth approximately 12.34 million USD) to an address associated with the Ethereum Foundation, and this fund is currently in a ‘silent’ state, with no further transfers or interactions so far.

Looking back, this ICO whale has previously distributed ETH to four addresses. Over the past two years, it has cumulatively transferred 105,522 ETH to the current address, most of which has been used for staking various LRT protocols.

More notably, there are still 280,000 ETH with a cost as low as 0.31 USD stored in three addresses. What signals are being released by this series of operations? What waves will the cryptocurrency market stir up? Let’s keep an eye on it!

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