The Ethereum market is witnessing renewed activity from long-dormant whale wallets, as early adopters who had held their tokens for years are beginning to liquidate large portions of their holdings. According to the on-chain analytics platform Lookonchain, at least two major Ethereum whales have recently reactivated after years of dormancy and have started offloading substantial […]
Ethereum whale transfer
Ethereum Whale Moves $5.53M to Kraken After Three-Year Dormancy
A long-dormant Ethereum whale address has suddenly come to life, transferring 3,000 ETH, valued at $5.53 million, to the Kraken exchange. The ETH originated from the initial coin offering (ICO) phase and has remained untouched for nearly three years. According to on-chain analyst The Data Nerd, on May 2, 2025, the whale wallet starting with […]