The mystery behind the transfer of 92,500 Ether, which moved for the first time in 6.6 years yesterday evening and had an approximate value of $290 million, to a new wallet is still unsolved.

Not the Ethereum Foundation

The wallet was initially thought to be linked to the Ethereum Foundation. However, a foundation official later told The Block that there was no connection, and the mystery of who the ETH belongs to is still unsolved. Experts say that the wallet owner with the transfer output received these tokens from the Ethereum Foundation in 2015, that the account is not related to the foundation, and that this person is most likely an early investor.

According to the information provided by Arkham, an on-chain research firm, this person received 96,474 ETH from the Ethereum Foundation on Sep 1 2015 at 03.21 p.m. 6.6 years ago, this person sent the funds to a new and anonymous address. Yesterday evening, these ETHs moved again after about years and were sent to a new address again.

The total value of these ETHs was approximately $130 thousand at that time. The figures show that the wallet has made more than 2300 times profit since that day.

Did he find the passwords?

Generally, coins or tokens in wallets that have not moved for many years are either forgotten or cannot be accessed because the wallet passwords are lost. Some investors, thanks to their strong will, can wait for years and sell profits after a long time, while others can unexpectedly achieve great wealth by accessing their lost / forgotten passwords.

Ether price, which fell below $3100 yesterday evening, managed to exceed $3200 again today with Bitcoin rising above $67 thousand again.