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A dormant Ethereum ICO address that has been inactive for over 10 years has been activated, transferring 40,000 ETH.

On November 30, according to Lookonchain monitoring, a dormant Ethereum ICO address “0x2dCA” that had been inactive for over 10 years was activated this morning, transferring 5 ETH to a new address for testing, and subsequently transferring the remaining 39,995 ETH, valued at approximately $119.4 million. This address originally purchased 40,000 ETH for about $12,400 during the ICO stage, resulting in a total profit of approximately 9,639 times based on the current price.

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