š Sleeping Giant Awakens: Early ETH Whale Breaks 4-Year Silence
After four years of complete inactivity, a legendary Ethereum whale has finally stirred. The address 0x4fA0, linked to one of Ethereumās early adopters, has just made a significant moveātransferring 2,500 ETH (worth around $6.65 million) to the Kraken exchange, presumably to sell.
What's even more intriguing? This wallet still holds 12,157 ETH, valued at over $32 million, which remains untouchedāfor now.
This move comes at a time when spot inflows for ETH are near record lows, reflecting reduced investor enthusiasm. Ironically, this kind of market apathy has historically signaled potential bullish reversals.
Even long-term holders are beginning to offload, and when the most patient start selling, the smart money starts watching.
Is this a sign of a trend shift in Ethereumās trajectory? Stay tuned.#ETHMarketWatch $ETH