Whale Alert has revealed that a dormant Ethereum wallet has become active again after 9.4 years. This ancient wallet now holds 1,940 ETH, worth approximately 6.5 million USD. Initially, this wallet received ETH at the ICO from the Genesis block, achieving an enormous profit of 1,092,728%.
Recently, Ethereum whale activity has surged, with MAJOR transactions reported. An example includes the transfer of 47,534 ETH worth around 164.9 million USD. Bitcoin ETF outflows contrasted with Ethereum ETF inflows, indicating rising institutional interest in ETH, even as its price dipped 5% recently.