{"id":533781,"date":"2023-05-18T14:20:37","date_gmt":"2023-05-18T14:20:37","guid":{"rendered":"https:\/\/ktsl888.com\/?p=533781"},"modified":"2023-05-18T13:07:48","modified_gmt":"2023-05-18T13:07:48","slug":"ethereum-whale-resurfaces-after-2-years","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum-whale-resurfaces-after-2-years\/","title":{"rendered":"Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH"},"content":{"rendered":"

Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community.\u00a0<\/span>An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years.\u00a0<\/span><\/p>\n

A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency.\u00a0<\/span><\/p>\n

The identity of this prominent investor has been revealed as an early participant in Ethereum’s groundbreaking initial coin offering (ICO), which played a pivotal role in the platform’s inception.<\/span><\/p>\n

Related Reading: Conflux Network Partners With China Telecom For Blockchain, SIM Project \u2013 Details<\/a><\/div>\n

Ethereum Whale Resurfaces With 4,032 ETH Stake<\/strong><\/h2>\n

The Ethereum whale<\/span>, who played a significant role in Ethereum’s early days, recently made headlines by staking an impressive 4,032 ETH, valued at approximately $7.4 million, according to Lookonchain, a reputable blockchain analytics platform.<\/span><\/p>\n

\n

A whale that had been dormant for 2.4 years created a contract 3 hrs ago and staked 4,032 $ETH<\/a> ($7.4M).<\/p>\n

The whale is an Ethereum ICO participant and received 60K $ETH<\/a> at Genesis.https:\/\/t.co\/qmVlopOXke<\/a> pic.twitter.com\/eUVWJHyXAJ<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 18, 2023<\/a><\/p><\/blockquote>\n

The whale’s resurgence, occurring just hours ago, marks its first visible activity in a span of approximately two and a half years. This sudden reentry into the Ethereum ecosystem has ignited a surge of excitement and conjecture among crypto enthusiasts.\u00a0<\/span><\/p>\n

The whale’s Ethereum address was even shared on Lookonchain’s Twitter page, further fueling the intrigue surrounding this event.<\/span><\/p>\n

\"\"<\/p>\n

Source: Lookonchain<\/pre>\n
ETH Current Price And Whale’s ICO Participation<\/strong><\/h2>\n
The current price of ETH, according to CoinGecko<\/a>, stands at $1,824, experiencing a 1.7% rally in the past 24 hours and a very modest 0.1% climb over the course of the last seven days.<\/span><\/p>\n
\"\"<\/p>\n
Source: Coingecko<\/pre>\n
The history of this whale dates back to Ethereum’s Genesis phase, specifically during the platform’s ICO, when it first took shape. Participating in the ICO, this investor was granted an astounding 60,000 ETH, a testament to its early belief and support for the Ethereum network.\u00a0<\/span><\/p>\n
The <\/span>ICO<\/span>, held in July and August of 2014, involved a public crowdsale where individuals could purchase ETH by exchanging Bitcoin for the cryptocurrency, playing a crucial role in Ethereum’s growth and development.<\/span><\/p>\n
<\/p>\n
ETHUSD still working its way up to the crucial $1,900 level. Chart: TradingView.com<\/a><\/pre>\n
Related Reading: Will Dogecoin (DOGE) Break Free From Limbo? Market Awaits Bullish Catalyst<\/a><\/div>\n
Whale’s Recent Transaction And ETH Balance<\/strong><\/h3>\n
As the news of the Ethereum whale’s reentry into the crypto scene captivates the community, details regarding its recent transaction and Ethereum balance have surfaced.\u00a0<\/span><\/p>\n
At the time of the tweet, the whale possessed a remaining Ethereum balance of 6.751 ETH, which held an approximate value of $12,288, determined by Ethereum’s current market value.<\/span><\/p>\n
These transactional insights offer a glimpse into the ongoing activities of the Ethereum whale, providing a deeper understanding of their engagement and highlighting their notable involvement within the Ethereum ecosystem.<\/span><\/p>\n
-Featured image from iStock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community.\u00a0An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years.\u00a0 A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency.\u00a0 The identity of this prominent investor has been revealed as an early participant in Ethereum’s groundbreaking initial coin offering (ICO), which played a pivotal role in the platform’s inception. Related Reading: Conflux Network Partners With China Telecom For Blockchain, SIM Project \u2013 Details Ethereum Whale Resurfaces With 4,032 ETH Stake The Ethereum whale, who played a significant role in Ethereum’s early days, recently made headlines by staking an impressive 4,032 ETH, valued at approximately $7.4 million, according to Lookonchain, a reputable blockchain analytics platform. A whale that had been dormant for 2.4 years created a contract 3 hrs ago and staked 4,032 $ETH ($7.4M). The whale is an Ethereum ICO participant and received 60K $ETH at Genesis.https:\/\/t.co\/qmVlopOXke pic.twitter.com\/eUVWJHyXAJ \u2014 Lookonchain (@lookonchain) May 18, 2023 The whale’s resurgence, occurring just hours ago, marks its first visible activity in a span of approximately two and a half years. This sudden reentry into the Ethereum ecosystem has ignited a surge of excitement and conjecture among crypto enthusiasts.\u00a0 The whale’s Ethereum address was even shared on Lookonchain’s Twitter page, further fueling the intrigue surrounding this event. Source: Lookonchain ETH Current Price And Whale’s ICO Participation The current price of ETH, according to CoinGecko, stands at $1,824, experiencing a 1.7% rally in the past 24 hours and a very modest 0.1% climb over the course of the last seven days. Source: Coingecko The history of this whale dates back to Ethereum’s Genesis phase, specifically during the platform’s ICO, when it first took shape. Participating in the ICO, this investor was granted an astounding 60,000 ETH, a testament to its early belief and support for the Ethereum network.\u00a0 The ICO, held in July and August of 2014, involved a public crowdsale where individuals could purchase ETH by exchanging Bitcoin for the cryptocurrency, playing a crucial role in Ethereum’s growth and development. ETHUSD still working its way up to the crucial $1,900 level. Chart: TradingView.com Related Reading: Will Dogecoin (DOGE) Break Free From Limbo? Market Awaits Bullish Catalyst Whale’s Recent Transaction And ETH Balance As the news of the Ethereum whale’s reentry into the crypto scene captivates the community, details regarding its recent transaction and Ethereum balance have surfaced.\u00a0 At the time of the tweet, the whale possessed a remaining Ethereum balance of 6.751 ETH, which held an approximate value of $12,288, determined by Ethereum’s current market value. These transactional insights offer a glimpse into the ongoing activities of the Ethereum whale, providing a deeper understanding of their engagement and highlighting their notable involvement within the Ethereum ecosystem. -Featured image from iStock<\/p>\n","protected":false},"author":557,"featured_media":533801,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1144,16163,1946,8686],"class_list":["post-533781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-btcusd","tag-eth-price","tag-ethereum","tag-ethusd"],"acf":[],"yoast_head":"\nEthereum Whale Resurfaces After 2 Years, Stakes $7.4M in ETH<\/title>\n<meta name=\"description\" content=\"Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH","url":"http:\/\/ktsl888.com\/news\/ethereum-whale-resurfaces-after-2-years\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ethereum-whale-resurfaces-after-2-years\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/05\/a-106.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/05\/a-106.png?fit=611%2C406"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","btcusd","eth price","ethereum","ethusd"],"dateCreated":"2023-05-18T14:20:37Z","datePublished":"2023-05-18T14:20:37Z","dateModified":"2023-05-18T14:20:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum-whale-resurfaces-after-2-years\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum-whale-resurfaces-after-2-years\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/a-106.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/a-106.png?fit=611%2C406\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"btcusd\",\"eth price\",\"ethereum\",\"ethusd\"],\"dateCreated\":\"2023-05-18T14:20:37Z\",\"datePublished\":\"2023-05-18T14:20:37Z\",\"dateModified\":\"2023-05-18T14:20:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/05\/a-106.png?fit=611%2C406","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/533781"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=533781"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/533781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/533801"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=533781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=533781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=533781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}