PANews reported on May 9th that, according to Lookonchain , an early Ethereum holding address, after three years of inactivity, transferred all 52,170 ETH to a new wallet a few hours ago, worth approximately $ 120.61 million at current prices. On-chain records show that this address withdrew 42,572 ETH from Kraken six years ago, when ETH was priced at approximately $ 246 , for a total value of about $ 10.48 million.