Four dormant wallets deposit 48,047 ETH to Bitfinex after two years
- —Four wallets moved 48,047 ETH to Bitfinex
- —The addresses had been dormant for over two years
- —Data comes from on-chain analytics firm Lookonchain
Why it matters: A large transfer from long-dormant addresses to an exchange can signal selling pressure ahead for ETH.
Source: Bloomingbit