[Pre-mined address dormant for 10.3 years activated, transferring 40,000 ETH worth nearly $120 million] On-chain data shows that at around 7:39 AM (UTC+8) today, a dormant pre-mined address containing 40,000 ETH was activated after 10.3 years of inactivity, currently valued at approximately $119.6 million. Back in 2015, the value of these ETH was only about $12,400.