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Dormant 2015 Ethereum wallet moves $4.6M and avoids a fake-address scam

TradingGain NewsroomTradingGain Newsroom··10 Nov 2026, 07:01 UTC

An Ethereum wallet from the network's 2015 launch moved $4.6 million after 11 years of inactivity. Bots spotted it as soon as it became active and had planted lookalike addresses in its history to trick the owner. The owner still sent the funds to the correct address.

ETHAt the time of writing, Ethereum traded at $2,115 (+1.37% in 24h).Live price →

Why it matters

  • Scammers targeted a wallet that had been dormant for over a decade, not just new users.
  • Fake lookalike addresses can fool people who copy from transaction history instead of checking carefully.
  • Automated bots are watching old wallets closely, so any movement can attract fast scam attempts.

What to watch next

Watch for further reports of address-spoofing scams and check the full recipient address before sending any large transfer.

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This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Dormant 2015 Ethereum wallet moves $4.6M and avoids a fake-address scam
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Ethereum urges urgent node update to fix hidden security flaws

Ethereum has released version v8.3.3 to address hidden security flaws, and the update is marked as urgent. The patch puts beacon nodes, both staking and non-staking, at the top of the priority list, while validator-client updates are treated as routine. For traders, the news points to a network security issue that could affect confidence in ETH, though the source gives no price impact.

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.