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A major ETH holder who participated in the ETH initial coin offering (ICO) in 2015 has moved some of his holdings after 9.4 years of inactivity, Lookonchain said. These were the first transactions made from the address since its owner received 1,940 ETH during the Ethereum ICO. The coins were valued at $601 at the time. Nearly a decade later, their value has skyrocketed to a staggering $6.56 million.

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