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The Ethereum whale address, dormant for over 8 years, has started selling more than 11,000 Ethereum

The Ethereum whale address, dormant for over 8 years, has started selling more than 11,000 Ethereum

Bitget2024/11/07 01:54

According to EmberCN monitoring, with ETH surging 12% today, an address that hoarded 11,004.9 ETH at a price of $3.45 more than eight years ago has ended its dormancy and started selling these ETH on-chain. So far, it has sold 5485 ETH for 15 million USDC in one and a half hours, at a selling price of $2,736 per unit.

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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.

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