Dormant wallets move $785M in Ether after 8 years
Key Takeaways
- Dormant Ethereum wallets holding $785 million in ETH were activated after 8 years of inactivity.
- The funds originated from Bitfinex and involved early Ethereum participants.
Share this article
Dormant wallets containing approximately $785 million worth of Ether moved their holdings today after remaining inactive for eight years, with the funds originally sourced from Bitfinex, a major crypto exchange.
The wallets, belonging to an early Ethereum participant, held 736,316 ETH worth $2.9 billion.
ETH currently trades at around $3,925 per token based on data from CoinGecko. The reactivation follows a pattern of dormant Ethereum whales moving funds after years of inactivity.
In late August 2025, over 92,500 ETH transferred from a foundation-related wallet after 6.6 years of dormancy. Another notable movement included 77,735 ETH worth $368.6 million flowing to Bitfinex on August 23, 2025.
The transfers suggest potential liquidation or repositioning amid market volatility. Exchange inflows like these typically indicate preparation for trading activity.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates Today: Institutional Bitcoin Buzz vs. Arbitrage Facts: Hayes Reveals the Strategy
- Arthur Hayes challenges institutional Bitcoin bullishness, arguing major players exploit arbitrage strategies rather than hold long-term conviction. - Harvard University's $442.8M IBIT stake and 15% Q3 surge in BlackRock's ETF holders highlight growing institutional adoption. - Hayes reveals "basis trade" tactics where large holders buy IBIT shares while shorting Bitcoin futures to capture yield differentials. - ETF flows show $2.3B November outflows and Wisconsin's $300M IBIT liquidation, reflecting vol
Bitcoin News Update: Bitcoin Drops Under $95,000 as ETFs See $3.2 Billion Outflow, Institutional Interest Declines
- Bitcoin fell below $95,000 on Nov. 17, 2025, due to ETF outflows, weak institutional demand, and broken technical support levels. - Digital asset products saw $3.2B in outflows over three weeks, with U.S. spot Bitcoin ETFs losing $1.1B in a record fourth-largest weekly outflow. - MicroStrategy bought 8,178 BTC for $835.6M, reaffirming its commitment to Bitcoin as a treasury asset despite market weakness. - Solana and Ethereum fell over 15% and 11%, respectively, as broader crypto markets weakened amid fa
Bots Take the Lead Online as Automated Content Reshapes User Experience
Stobox and REAL Finance Join Forces to Revolutionize RWA Infrastructure
Trending news
MoreCrypto prices
More
