Dormant ETH ICO whale sends 0.1 ETH to Coinbase after 11 years

An Ethereum whale address beginning with 0x6A53 that participated in the token’s ICO and had been dormant for about 11 years deposited 0.1 ETH to Coinbase yesterday, on-chain analyst The Data Nerd said. Exchange deposits are typically viewed as a sign of potential selling. The address invested $620 in the Ethereum ICO and received 2,000 ETH, now valued at $3.83 million, for an estimated return of about 6,184x.