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The Daily Hodl 2023-09-21 14:30:44

Ethereum Wallet Suddenly Sells All Its ETH for Millions in Stablecoins After Lying Dormant for Nearly Four Years

A long-dormant Ethereum (ETH) wallet suddenly sold all $4.18 million worth of its ETH on Tuesday, according to the crypto tracker Lookonchain. The wallet had held on to 2,591 ETH since November 2018, when the second-largest crypto asset by market cap was trading at around $110. Ethereum is trading at $1,634 at time of writing, The post Ethereum Wallet Suddenly Sells All Its ETH for Millions in Stablecoins After Lying Dormant for Nearly Four Years appeared first on The Daily Hodl .

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