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Add as a preferred source on GoogleDormant Address Sends 3,000 Ether Valued at $7.23 Million to Kraken
The 3,000 ETH were withdrawn from Gemini in 2017, when they were worth about $56,000.
Mentioned assets
An address sent 3,000 Ether (ETH), valued at $7.23 million, to Kraken on Thursday, Oct. 22, after 9.5 years of inactivity, a sharp increase from its 2017 valuation.
The Ether was withdrawn from Gemini in 2017, when it traded at $19. The 3,000 ETH were then worth about $56,000.
The transfer value was about 128 times the 2017 valuation.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.