On July 31, an anonymous whale controlling an Ethereum Name Service (ENS) domain reemerged, reclaiming 39,712 ETH valued at approximately $74 million. The mysterious whale, only identified through his associated ENS address “darknet.eth,” also moved 63,734 ETH, worth roughly $119 million, to a new wallet address.
ENS Whale Moves Millions Worth Of ETH
This sudden transfer is more than two years after the founder of ENS, Nick Johnson, disclosed that the vast ETH stash had been deposited during the first two years of ENS’ operation. It was launched in May 2017 by two Ethereum Foundation developers, Nick Johnson, and Alex Van de Sande.
The protocol has gained popularity as a domain name service on the Ethereum mainnet. With user-friendly naming systems, it facilitates mapping long public addresses used for receiving cryptocurrencies, including ETH and its tokens.
With the whale activating his address and transferring…
