Ethereum’s Time Capsule: Pre-Mine Address Wakes Up 🕰️🚀

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In a twist straight out of a cosmic joke, an ancient Ethereum address from the dawn of the pre-mine era sprung to life today, as reported by Whale Alert. 🐳

This address, a relic untouched for nearly a decade, held a treasure chest of $3.7 million worth of Ethereum (ETH) when it finally stirred from its slumber. 🗝️💰

Back in the mists of time, 72 million tokens were parceled out to ICO investors, project contributors, and non-profits. A grand distribution, a relic of a bygone era when dreams were big and tokens were plentiful. 🏺🎁

The pre-mine, a topic of eternal debate in the crypto community, has always been a thorn in the side of Ethereum. Critics argue that the launch was not as egalitarian as Bitcoin‘s, a point that has fueled endless discussions and raised more than a few eyebrows. 🤔🚫

It’s a rare occurrence for pre-mine tokens to wake up, and this one has sparked a flurry of speculation. Some wags on social media couldn’t help but jest, “He’s going to see that the price hasn’t moved in 9 years!” 🤣’,'”+

Meanwhile, Ether is taking a beating for its lackluster performance. Earlier this week, the ETH/BTC pair plummeted to a multi-year low of 0.021, marking a 40% collapse this year alone. 📉💔

Sunday brought more drama with Bloomberg’s scathing take on Ethereum, highlighting the struggles of the second-largest cryptocurrency to live up to its early promises. Layer-2s, the new kids on the block, are siphoning off activity and fees, leaving the main network gasping for air. 🌪️🔥

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2025-03-30 15:15