A significant movement of Ethereum (ETH) has captured the attention of the cryptocurrency community. Approximately 92,500 ETH, valued at around $294.9 million, was transferred from a wallet that had been dormant for nearly 7 years. Initial speculations suggested that the wallet was associated with the Ethereum Foundation; however, sources from the Foundation have denied this connection. The ETH was originally received from the Ethereum Foundation on September 1, 2015. The funds, marked by Arkham, were moved to a new wallet on July 25, 2024, at 23:39 UTC+8. This transfer has sparked curiosity and speculation within the community, especially considering the wallet's long period of inactivity.