Crypto Queen 👑

07/18 15:56

Dormant Ethereum Wallet Awakens After 10 Years Wit

Dormant Ethereum Wallet Awakens After 10 Years With Millions Worth Of ETH

Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance zone, despite the inflows into Ethereum Spot ETFs last week.  Related Reading: $57 Million In Crypto And Counting: Trump’s World Liberty Connection One event that has sparked interest, and possibly concern, among Ethereum holders is the reactivation of a dormant whale wallet holding millions worth of ETH. The sudden awakening of this long-inactive address raises questions about a potential selling pressure and its market impact. First Transaction From Dormant ETH Address Since 2015 On-chain tracker Whale Alerts was the first to report the reawakening of a pre-mined Ethereum address that .

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