[The ancient whale of Ethereum suddenly wakes up after nine years]A mysterious Ethereum wallet that had not been active since nine years ago suddenly restarted, attracting market attention. The long-sleeping pre-mined wallet, which contained 492 Ethereum coins and is currently worth approximately $1,139,052, was activated after 8.5 years of silence, crypto data tracking platform Whale Alert reported.The holder of this wallet appears to have purchased the tokens during the Ethereum ICO phase for approximately 31 cents per Ethereum. But for the next eight and a half years, the wallet did not see any transaction activity, sparking curiosity about the identity of the wallet holder and why he had not used his assets for so long.An inactive wallet can become active again for a variety of reasons, including a hack or the owner rediscovering the wallet and deciding that now is a good time to sell.Ethereum price is up 2.03% in the past 24 hours to $2,314, according to CoinMarketCap. Ethereum prices hit new highs above $2,700 on the eve of the Bitcoin ETF’s approval, but have since fallen back with the market. However, Ethereum price appears to be gearing up for a rebound that may be driven by increased network activity.According to reports, the Ethereum network is witnessing significant growth in transaction activity. Data from blockchain analysis company Santiment shows that Ethereum adds 101,000 Ethereum addresses every day, with 484,000 unique addresses active on the blockchain, and network activity has grown by approximately 30% compared to 90 days ago.This shows that more and more people are transacting online, using smart contracts and developing decentralized applications (DApps).
