Breaking: Ethereum Investor Moves Half Their 2014 ICO Stash Onto Kraken After 9 Years 🐋
An investor who participated in Ethereum’s ICO in 2014 recently resurfaced and moved half of their entire stash of ETH onto cryptocurrency exchange Kraken after almost nine years of inactivity. This move sent 1,732 ETH worth $5.15 million to the exchange, just after Ethereum surpassed the $3,000 mark.
– Today, a past Ethereum investor moved 1,732 ETH to Kraken after being inactive for nine years 😱
– This move comes as the price of Ethereum exceeded $3,000
– The investor bought 3,465 ETH during the ICO at $0.31 per token, now worth over $10 million
The move comes as the stake of ETH in the Beacon Chain reached 30.2 million, locking around a quarter of Ethereum’s circulating supply, and with 943,974 active validators contributing to the network’s security and decentralization.
– The Beacon Chain’s stake reached 30.2 million ETH 👾
– A quarter of Ethereum’s circulating supply is now locked and securing the network
– 943,974 active validators are contributing to the network’s security
Ethereum Price Momentum and Anticipation of a Spot ETF 📈
Data from Ultrasound money shows that Ethereum’s supply is currently declining at a rate of around 0.2% per year, leading to a decrease of 4,700 ETH in circulating supply over the past week. The approval of a spot Ethereum ETF is also anticipated this year, with leading financial institutions filing to launch spot Ether ETFs, and Ethereum is nearing its proto-danksharding upgrade to reduce transaction costs on the network.
– Ethereum’s supply is dropping at a rate of 0.2% per year 📉
– The approval of a spot Ethereum ETF is anticipated this year
– Ethereum is close to its proto-danksharding upgrade to reduce transaction costs
Hot Take: Ethereum’s Road Ahead and Potential Impacts on Prices, DeFi, NFTs, and Beyond 💥
With the increasing supply shortage and staked ETH, the approval of a spot Ethereum ETF, and the upcoming proto-danksharding upgrade, Ethereum’s future seems promising. These developments could significantly impact Ethereum’s price, DeFi and NFT markets, and the broader cryptocurrency space. What are your thoughts on these recent Ethereum developments and how do you think they can impact the cryptocurrency market?
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