Markets· ★★· bearish·

Dormant Ethereum OG wallet deposits 2,119 ETH to Coinbase after three years

  • —Wallet 0x6D30 had been inactive for three years
  • —It moved 2,119 ETH worth roughly $4.99 million
  • —The deposit to Coinbase landed seven hours before the report
Why it matters: Transfers from long-dormant wallets to exchanges are often read as preparation to sell, a potential bearish signal for ETH.
#ETH
Source: PANews
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