A long-dormant Ethereum address that participated in the blockchain’s initial coin offering, or ICO, awoke after 7.7 years. It transferred one ether to a new address — which some speculate indicates a test transaction.
The wallet in question received 2,365 ether — worth approximately $4.42 million today — at Ethereum’s genesis, on-chain analysis account Lookonchain noted.
One ether cost roughly $0.31 during Ethereum’s ICO.
This story is developing and will be updated.
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Source: https://www.theblock.co/post/227826/ethereum-ico-7-years?utm_source=rss&utm_medium=rss