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🐋 Ethereum Whale Moves 97,000 $ETH After 8 Years – A Storm Brewing?

An Ethereum whale dormant for 8 years has just awakened—transferring a massive 97,000 ETH (~$376M) to newly created wallets and centralized exchanges, triggering waves across the crypto community.

💤 A Sleeping Giant Awakens

The wallet, inactive since Ethereum’s early days, had only three prior transactions. Its sudden move has sparked intense speculation—from profit-taking to prepping for DeFi or signaling a broader market shift.

📊 Transaction Snapshot

• ETH Moved: 97,000 ETH

• Value: ~$376 million

• Destination: Fresh wallets → Centralized exchanges

🚨 Why It Matters

Whale movements of this size often precede market volatility. Ethereum has already shown minor price swings, and traders are on high alert.

“When a whale this old moves, it’s like thunder on a clear day—it could mean a storm is near.” — On-chain Analyst

🧭 Could This Signal a Trend Shift?

Historical patterns suggest caution:

• In 2020, a dormant whale moved before ETH’s breakout above $1,000.

• In 2022, similar transfers preceded a sharp correction.

With ETH hovering near key psychological levels, this could mark the start of something bigger.

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✅ What You Can Do

• Watch Exchange Inflows: Large deposits may hint at upcoming sell pressure.

• Track Wallets: Use tools like Etherscan to monitor movements.

• Stay Updated: Follow on-chain alerts via Nansen, Whale Alert, or Arkham.

📢 Pro Tip: Set real-time alerts to catch early signs of market shifts.

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