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After years of leaving 39,712 Ether (ETH) locked at the Ethereum Name Service (ENS) auction, a whale using the domain \u201cdarkmarket.eth\u201d has reclaimed the digital assets and transferred over $119 million in ETH to a new wallet.\u00a0<\/p>\n
\nAfter 2.7 years of dormancy, darkmarket.eth reclaim 39,712 $ETH<\/a> ($74.17M) locked in the ENS auction just now.<\/p>\n
And transferred 63,734 $ETH<\/a>($119M) out to a new wallet.https:\/\/t.co\/OtXYRpcOhn pic.twitter.com\/rXKpT1OzrA<\/a><\/p>\n
\u2014 Lookonchain (@lookonchain) July 31, 2023<\/a><\/p><\/blockquote>\n
Back in 2021, ENS founder and lead developer Nick Johnson tweeted a reminder for the owner of the \u201cdarkmarket.eth\u201d domain to reclaim<\/a> their ETH that was locked up in ENS deposits from its first two years. The ENS founder also provided a link that would allow those with ETH deposited in ENS auctions to reclaim their digital assets.\u00a0<\/p>\n
However, despite the reminder, the funds were reclaimed only after two years and five months. On July 31, on-chain analytics firm Lookonchain flagged that the funds were reclaimed and darkmarket.eth\u2019s 63,734 ETH, worth $119 million at the time of writing, was transferred to a different wallet. <\/p>\n
According to Johnson, there are still over 100,000 deeds that remain unclaimed at ENS. The domain service developer highlighted<\/a> that these are worth tens of thousands in ETH and urged users to check their own addresses and claim their funds. <\/p>\n
Related:\u00a0Ethical hacker retrieves $5.4M for Curve Finance amid exploit<\/em><\/strong><\/p>\n
Meanwhile, at least two other dormant wallets worth millions of dollars have woken up this month. On July 19, a wallet containing pre-mined Ether worth $116 million moved its funds to a Kraken exchange address after 8 years of leaving it alone. The wallet was worth around $20 million at the time it was pre-mined, giving the owner a return of more than five times. <\/p>\n
On July 24, a dormant wallet moved over $30 million in Bitcoin (BTC) after being left alone for 11 years. The address acquired the assets back in April 2012 when Bitcoin was worth only $4.92, meaning that the stash was only worth $5,108 back then. <\/p>\n
Magazine: <\/em><\/strong>Hall of Flame: Wolf Of All Streets worries about a world where Bitcoin hits $1M<\/em><\/strong><\/p>\n<\/div>\n