Ethereum

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"Smart Money" tracking bot @lookonchain has shared some interesting data about an Ethereum wallet that has awakened after zero activity, which lasted for two years. After waking up, he began <a href="https://u.today/btc-eth-whales-playing-waiting-game-heres-how" rel="noopener noreferrer nofollow">selling his ETH</a> actively. 
In the meantime, another whale, who obtained nearly 300,000 ETH during the ICO of Ethereum, also awakened and has begun to send their ETH to Kraken, selling a portion of these coins. 
<h2 lang="en-GB" xml:lang="en-GB" id="30-000-eth-sent-to-exchanges-in-four-days">30,000 ETH sent to exchanges in four days</h2> 
According to the X post of @lookonchain, the <a href="https://u.today/dormant-bitcoin-address-holding-563m-springs-to-life-after-nearly-6-years" rel="noopener noreferrer nofollow">wallet was reactivated</a> four days ago. Right after the awakening, @lookonchain says, the whale transferred 10,000 ETH worth $16.5 million out of his wallet. The next move was transferring the same amount of Ethereum to three exchanges — Binance, OKX and KuCoin — via three wallets over the past four days. 
The next transaction was made earlier today as the whale again moved 10,000 ETH out of his wallet. 
<blockquote> 
 A whale that had been dormant for 2 years woke up 4 days ago and transferred 10K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($16.5M) out.Then deposited 10K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($16.5M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a>, <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#OKX</a> and <a href="https://twitter.com/hashtag/KuCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#KuCoin</a> via 3 addresses in the past 4 days.And the whale transferred 10K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($16.5M) out again just now. <a href="https://t.co/YhuIJegPtv" rel="noopener noreferrer nofollow">pic.twitter.com/YhuIJegPtv</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1704067114053910863?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 19, 2023</a> 
</blockquote> 
<h2 lang="en-GB" xml:lang="en-GB" id="ico-whale-starts-selling-his-eth">ICO whale starts selling his ETH</h2> 
The same source reported that another massive Ethereum whale has begun to sell his ETH riches. This whale took part in the <a href="https://u.today/dormant-ethereum-ico-wallet-awakens-moving-large-eth-chunk-to-kraken" rel="noopener noreferrer nofollow">initial ETH token offering (ICO)</a> in 2014 and received 254,908 ETH in total there — this amount of crypto now costs approximately $422.6 million. 
From this stash, he deposited 6,000 ETH worth roughly $10 million into the Kraken exchange. 
When he obtained this Ethereum in 2014, each of those coins was worth merely $0.31. 
<blockquote> 
 A whale deposited 6,000 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($9.96M) into <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Kraken</a> 50 minutes ago.This whale is an Ethereum ICO participant, receiving 254,908 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($422.6M currently), the ETH ICO price is ~$0.31.<a href="https://t.co/f0Ob9tqPqc" rel="noopener noreferrer nofollow">https://t.co/f0Ob9tqPqc</a> <a href="https://t.co/n3aj96tA31" rel="noopener noreferrer nofollow">pic.twitter.com/n3aj96tA31</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1703799004616958434?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 18, 2023</a> 
</blockquote> 
As of this writing, the second largest crypto Ethereum is trading at $1,643, according to data provided by CoinMarketCap. Over the past 24 hours, the ETH price soared by 2.52%.

Big Dormant ICO Ethereum Wallet Activates, Starts Selling ETH Hard

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