Ethereum whale awakens after 8 years, moves 200,000 ETH worth $785M
Two long-dormant $ETH wallets, originally funded via Bitfinex in 2016, suddenly became active again after more than 8 years of inactivity, transferring a total of 200,000 ETH (~$785 million) to new addresses.
The move has sparked speculation about potential distribution or custody restructuring, as ETH continues to hold above the $3,900 mark.
At the same time, Ethereum co-founder Jeffrey Wilcke also transferred 1,500 ETH (~$6 million) to Kraken, drawing further attention from the community. #ETH
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