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Coinbase Receives 2,119 Ether (ETH) Worth $4.99 Million From Dormant Address

A wallet identified as 0x6D30 ended a three-year dormant period by sending its full 2,119 ETH balance to Coinbase.

Updated 1 min read
An editorial graphic depicts a cryptocurrency transfer from a dormant wallet into an exchange. / EconoTimes.ai
An editorial graphic depicts a cryptocurrency transfer from a dormant wallet into an exchange. / EconoTimes.ai

Coinbase received a $4.99 million Ether (ETH) deposit from a wallet that had been inactive for three years, with the transfer accounting for the address’s full balance.

Address 0x6D30 sent 2,119 ETH to the exchange. The transfer was valued at $4.99 million.

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