Big Dormant ICO Ethereum Wallet Activates, Starts Selling ETH Hard


19 Sep 2023 12:31 PM

According to recently published analytics, ETH wallet has awakened after long period of dormancy and started selling Ethereum...

  • An Ethereum wallet that had been dormant for two years has recently become active and started selling ETH.
  • The wallet transferred 10,000 ETH worth $16.5 million out of the wallet and then deposited the same amount to Binance, OKX, and KuCoin via three different addresses in the past four days.
  • Another Ethereum whale, who obtained 254,908 ETH during the ICO in 2014, has also started selling his ETH. He deposited 6,000 ETH worth roughly $10 million into the Kraken exchange.
  • The current price of Ethereum is $1,643, with a 2.52% increase in the past 24 hours.

The article provides information about the awakening of dormant ETH wallets and the selling of Ethereum by whales. The sentiment is neutral, as it simply reports the events without expressing a positive or negative opinion.

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You May Ask

What happened to the dormant ETH wallet after two years?How much ETH did the wallet transfer and where did it deposit the funds?Who is the other Ethereum whale mentioned in the article and what did they do with their ETH?What is the current price of Ethereum and how much has it increased in the past 24 hours?

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