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Dormant 11-Year-Old Ethereum Wallet Moved $4.6 Million, Evaded Rapid Phishing Attempt

(3 hours ago) · 1 source · Summarized by CryptoBipto

An Ethereum wallet that had been inactive for 11 years transferred approximately $4.6 million worth of ETH. Within minutes of the transfer, scammers reportedly set up a phishing trap targeting the wallet, but the owner avoided it.

WHY IT MATTERS

Every transaction on Ethereum is publicly visible, like a glass bank vault where anyone can watch money move.

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SOURCES

  • coindesk.com

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