A cryptocurrency wallet that was recently activated after being dormant for 10.4 years is holding 2,000 ETH worth $5,859,571.
According to Whale Alert's tracking, this address had been inactive for over 10 years and only recently reactivated on December 24th, attracting attention because the value of ETH had increased sharply compared to 2015.
- The mining wallet containing 2,000 ETH is back online after 10.4 years.
- Current value: $5,859,571; in 2015 it was only about $620.
- The event was recorded via the Whale Alert monitoring system on December 24th.
A wallet containing 2,000 ETH "wakes up" after more than 10 years.
A cryptocurrency mining wallet address containing 2,000 ETH has been reactivated after 10.4 years of inactivity.
Monitoring data shows that this wallet belongs to the pre-mining group and had been "dormant" for over a decade before new activity emerged. At the time recorded, the balance of 2,000 ETH was valued at approximately $5,859,571.
The event is drawing attention due to its rarity: long-standing wallets are often associated with the early stages of Ethereum , potentially suggesting changes in the circulating supply or moves by long-term holders.
Difference in value from 2015 to the present
The 2,000 ETH in this wallet were worth only about $620 in 2015, but are now equivalent to $5,859,571.
Valuation reflects the significant changes in the cryptocurrency market over time, especially for the underlying assets of large ecosystems. A wallet becoming operational again doesn't necessarily mean a sell-off, but it's often closely monitored as it could signal a coin transfer or storage restructuring.
The event was recorded on December 24th, based on the Whale Alert tracking system.
