The biggest altcoin Ethereum It has been dormant for about 8.5 years while remaining stronger compared to Bitcoin. ETH wallet became active again.
Blockchain monitoring platform Whale Alert
He said that an Ethereum whale suddenly became active.
It was stated that this Ethereum wallet was pre-mining and had been dormant for 8.5 years.
Someone who hasn’t traded for years Ethereum Although there are various reasons for the address to become active again, in general, if it becomes active after a long time, it is interpreted as a sale.
However, it seems possible that it is preparing for an action such as reinvestment other than sales.
💤 A dormant pre-mine address containing 200 #ETH (506,140 USD) has just been activated after 8.5 years!https://t.co/NtW3dDb2So
— Whale Alert (@whale_alert) January 14, 2024
*This is not investment advice.
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