A whale dormant for approximately one year offloaded $6.357 million worth of ETH and stETH on-chain, selling at an average price of $2,428. The large holder, tracked by X account @polypol87446165, first redeemed tokens from Aave over a 10-hour window before executing the sales.
The activity was flagged by on-chain analyst Ai Yi, who noted the wallet had been inactive for roughly a year prior to the rebound-driven sell-off.
Dormant Whale Sells $6.357M in ETH and stETH After Year-Long Silence
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