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Another Ethereum whale has just woken from dormancy after a decade of silence — but rather than sell, the whale has deployed its entire stash into staking.
The Ether wallet holds 40,000 tokens, which the holder paid around $12,000 for during Ethereum’s genesis block launch in July 2015, according to blockchain data platform Lookonchain. It is now worth $120 million.
However, rather than move the funds to a cryptocurrency exchange deposit address, the ICO-era whale has instead staked their entire ETH holding, suggesting the whale is doubling…
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