After a dormant Ethereum address transferred 2154.94 ETH, it
A wallet that received ETH from the first Ethereum block in 2015 made its first external transfer of 2154.94 ETH (approximately $4.6 million) on November 10 after a 11-year dormancy. The wallet first conducted a test transaction before successfully transferring the funds to the correct target address, avoiding an address poisoning attack.
Event Timeline
- [11-10 07:13] A dormant Ethereum address transferred 2154.94 ETH (approximately $4.6 million) and fell victim to an address poisoning attack (Odaily星球日报)
- [11-10 07:23] A dormant Ethereum wallet transferred $4.6 million and successfully avoided the address poisoning scam (PANews)
Background and Impact
Odaily星球日报 - According to Whale Alert, a wallet that received ETH from the first Ethereum block in 2015 (0x7dD...) conducted a test transaction of 0.05 ETH (approximately $106) at 6:04 AM Beijing Time on November 10. The wallet received its first ETH in the genesis block in July 2015 and another 755 ETH in March 2016. No transfers were made from this wallet until now. The test transaction was sent to a receiving address that started with 0x1321beb8 and ended with 1A44. About three minutes later, the wallet received multiple small ETH transfers from two fake receiving addresses, both starting with 0x13211f and 0x1321FB, and ending with 1A44. The accounts providing funds to these addresses were marked as "Fake_Phishing," with one of them sending 43 dust transactions. This method is known as address poisoning, where attackers write similar-looking addresses into target transaction records to trick holders into copying the wrong address and transferring funds. At 6:08 AM Beijing Time on November 10, the wallet successfully transferred 2154.94 ETH (approximately $4.6 million) to the correct target address. PANews reported on November 10 that according to CoinDesk, a wallet that received ETH from the first Ethereum block in 2015 made its first external transfer on November 10 after a 11-year dormancy. The wallet first conducted a test transaction of 0.05 ETH (approximately $106) and then transferred 2154.94 ETH (approximately $4.6 million) to the correct target address 38 minutes later. The test transaction was followed by less than three minutes of small ETH transfers to the old wallet from two addresses that were highly similar to the target address, which is a typical address poisoning attack. Scammers use fake similar addresses and dust transactions to trick users into copying the wrong address from their transaction history. However, the wallet owner did not fall for the scam, and the funds were ultimately transferred to the correct address. CoinDesk reported that address poisoning has become a scaled business on Ethereum, with Citibank warning in January that such dust transactions were increasing network transaction volumes, with most transfers being less than $1.
Frequently Asked Questions
### What is the scope of this event?
This event primarily affects individual addresses on the Ethereum network, but address poisoning attacks have become a scaled business on Ethereum, urging all users to be vigilant.
### What are the next steps?
Next steps include more users and developers paying attention to address poisoning issues, potentially leading to the development and implementation of more security measures.
### What impact does this event have on the crypto market?
This event reminds investors and users to be vigilant and avoid address poisoning attacks, which may have some impact on market sentiment, but the specific impact needs further observation.