ETH OG Addresses Final Sale of 2,024 ETH for $2.96 Million After 2.4 Years of Silence

In a noteworthy development within the crypto landscape, an Ethereum ‘Original Gangster’ (OG) address has resurfaced after a prolonged period of inactivity, concluding a 2.4-year silence by disposing of its final 2,024 ETH for approximately $2.96 million. This strategic liquidation accounts for part of its extensive portfolio, which over the past three years has seen total sales of 9,095 ETH at an average price of $1,375 each, culminating in a substantial $12.5 million. The address’s history is compelling, with its earliest transactions tracing back a decade, highlighting withdrawals from prominent exchanges such as Kraken and Bitfinex. Such movements in the Ethereum market signal essential trading patterns that enthusiasts and investors should monitor closely, given the significant financial implications surrounding high-volume distribution.