Dormant pre-mined Ethereum worth $116M resurrects after 8 years
During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million
Two Bitcoin mining rewards from September 2010 moved minutes apart. The coins are worth nearly 1.15 million times their original m...
Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day
A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9...
How Buterin Complicates Ethereum’s Wall Street Pitch by Aiming at Bitcoin
Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative...
Ethereum faces temporary issues due to cloud provider malfunction
Cloud dependency highlights Ethereum's vulnerability, urging diversification to ensure network resilience and uninterrupted user a...
Baillie Gifford adopts Ethereum as legal register for UK funds
Baillie Gifford's use of Ethereum as a legal register for UK funds signals a shift towards blockchain as a mainstream financial in...
$6 in Bitcoin Becomes $6.9 Million as 16-Year-Old Wallets Awaken
Two bitcoin addresses dating back to 2010 transferred 100 BTC on Friday, extending a year of heightened activity among long-dorman...