According to TechFlow TechFlow, on January 26th, analyst Yu Jin reported that a dormant ETH whale address, dormant for nine years, transferred 50,000 ETH (approximately $145 million) to Gemini within the last 12 hours. This address had previously withdrawn 135,000 ETH (approximately $12.17 million) from the Bitfinex exchange nine years ago when ETH was priced at around $90; the current price is 32 times higher. After transferring the 50,000 ETH, the address still holds 85,000 ETH.
A whale, after nine years of silence, transferred 50,000 ETH to Gemini, worth approximately $145 million.
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