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A dormant Ethereum whale wallet holding millions worth of ETH has suddenly reactivated after nearly a decade, raising concerns about potential selling pressure. The wallet, last active in 2015, transferred 500 ETH to a Binance-linked address, signaling possible liquidation. Ethereum’s price remains fragile around $2,500 as traders brace for further market impact.
- A dormant Ethereum whale wallet holding 2,000 ETH (worth $5M) reactivated after 9.9 years, last active in 2015.
- 500 ETH was transferred to a Binance-linked address, indicating potential liquidation and market pressure.
- The remaining 1,500 ETH ($3.8M) could further impact Ethereum's price, currently consolidating around $2,500.
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