Two Wallets Receive 185,000 ETH Worth $798 Million

Onchain Lens reports two unidentified wallets received 185,000 ETH valued at nearly $798 million, with one address receiving 175,000 ETH and the other 10,000 ETH.

ETH

Summary

On September 2, Onchain Lens observed two wallets of unknown ownership receiving a combined 185,000 ETH valued at approximately $797.63 million. The 0x9f1 address received 175,000 ETH worth $754 million, while the 0x7d9 address received 10,000 ETH worth $43.09 million. The identities of the wallets remain unconfirmed.

Terms & Concepts
  • ETH: Ethereum's native cryptocurrency, used within the Ethereum network for transactions, smart contracts, and decentralized applications.
  • Wallet: A digital tool or software that allows users to store and manage their cryptocurrencies, like ETH, and interact with blockchain networks.