- The whale wallet made two transactions and moved 8,000 ETH in total.
- The wallet has been holding the ETH since 2015.
- There was another whale wallet that woke up after 7.7 years of dormancy.
Ethereum (ETH) investors are known to be one of the most disciplined ones in the crypto industry. After all, ETH is the second-largest cryptocurrency and can be staked for around 5% reward.
Awake and Moving
A large ETH whale has just moved thousands of ETH to another wallet. According to data from Lookonchain, a wallet dormant since 2015 has transferred 8,000 ETH to a different wallet. The wallet first did a transaction of 1 ETH and then moved the remaining 7,999 after a few minutes.
The 8,000 ETH is worth around $15.14 million at the current ETH price of $1,892. However, the investor that holds the ETH bought it when the price of one token was around $0.31.
This means that the wallet paid $2,480 for 8,000…
