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Home ยป Onchain News Significant Outflow of ETH on the Blockchain 16year ICO Addresses Show Unusual Movement Again
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Onchain News Significant Outflow of ETH on the Blockchain 16year ICO Addresses Show Unusual Movement Again

By adminJul. 8, 2024No Comments2 Mins Read
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Onchain News Significant Outflow of ETH on the Blockchain 16year ICO Addresses Show Unusual Movement Again
Onchain News Significant Outflow of ETH on the Blockchain 16year ICO Addresses Show Unusual Movement Again
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News Flash: Large Amount of ETH Transferred on the Ethereum Blockchain, 2016 ICO Address Shows Activity Again

Update Time: 13:19:27 Author: Soul of Miner

Coin World News Report: On July 8, 2024, at 06:25, a whale on the Ethereum blockchain transferred approximately 7,240 ETH worth about $21.5 million to the Kraken trading platform.

Current Price of Ethereum (ETH) Today:

Rank
Currency Name
USD Price
$
24H Change
Market Cap
$
Initial Issuance Price
24h High
24h Low
1


ETH
Ethereum
$2,916.29
-3.88%
$350.19 billion
$0.308044
$3,039.92
$2,831.20

Ethereum (ETH) Price Trend Chart:

Candlestick
Trend
All
24H
7 Days
30 Days
Last Three Months
Last Year
All
24H
7 Days
30 Days
Last Three Months
Last Year

Coin World News Report, on July 8, 2024, at 06:25, a whale on the Ethereum blockchain transferred approximately 7,240 ETH worth about $21.5 million to the Kraken trading platform. This whale had previously extracted 8,240 ETH from the Kraken trading platform in 2022, with an average price of about $1,200, totaling approximately $9.8 million.

Whale Address: 0x7422F5F528Cc36eA48F6cD8cdA5a9816E4573ede

In addition, according to the analysis by blockchain analyst Yu Jin, the Golem Network, which raised 820,000 ETH through an ICO in 2016, has sold 36,000 ETH worth about $114 million in the past 37 days.

They transferred the ETH from the Golem: Multisig address to the 0x159…b94 address, and then further transferred it to exchanges such as Binance, Coinbase, and Bitfinex.

The Golem Network raised 820,000 ETH through an ICO in 2016 when the price of ETH was only $10. The total value of these ETH was $8 million. The Golem Network periodically sells tens of thousands of ETH. Currently, the Golem Network still holds 231,400 ETH, worth about $650 million.

Golem Network addresses:

1. Golem: Multisig (holding 126,000 ETH):
0x7da82c7ab4771ff031b66538d2fb9b0b047f6cf9

2. PoS Staking 100,000 ETH:
0xba1951df0c0a52af23857c5ab48b4c43a57e7ed1

3. Golem: Foundation Wallet (holding 4,256 ETH):
0x70a0a7be87deb51e1fab16d4f2bf00be1510e476

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