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An address dormant for over 9 years transfers 3,000 ETH to Kraken, with the value increasing 128 times to $7.23 million.

Oct 22, 23:10

On October 22, according to monitoring by Yujin, 3,000 ETH withdrawn from Gemini in 2017 have been transferred to the cryptocurrency exchange Kraken after sitting dormant for 9.5 years. At the time of withdrawal in 2017, each ETH was valued at just $19, totaling approximately $56,000; upon transfer to Kraken, the total value reached $7.23 million, representing a 128-fold increase over the 9.5-year period.

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