An Ethereum ICO participant, inactive for over two years, has transferred 3,510 ETH, valued at $9.12 million, to the Kraken exchange, according to Lookonchain.
This individual initially received 150,000 ETH during Ethereum’s Initial Coin Offering (ICO) for just $46,500.
The current value of that ETH stash is estimated at around $389.7 million.
The movement of such a significant amount of previously inactive ETH has garnered considerable attention.
