## Two-Year Dormant ETH Whale Awakens An Ethereum (ETH) whale, inactive for two years, has deposited 7,488 ETH, valued at $11.92 million, to the FalconX exchange. This transaction was reported by on-chain analytics platform, Lens. ## Whale's Previous Activity The whale initially received 25,297.751 ETH (approximately $40.47 million at the time) from Coinbase Prime Custody on September 13, 2023. The address remained untouched until this recent deposit. ## Current Holdings Following the FalconX transaction, the whale's wallet now holds approximately 17,810 ETH, with an estimated value of $28.55 million. The reasons behind the transfer are unknown, but large whale movements often trigger speculation within the cryptocurrency market. ```