Dormant Ethereum Whale Wallet Reactivates After 10 Years
An Ethereum whale wallet, inactive since 2015, has reactivated, sparking interest in the crypto community. The wallet, which initially received 2,000 ETH during its ICO for $620, is now valued at over $5 million. On June 14, 2025, a small transfer of 0.002 ETH was made, indicating the owner may be testing access. This has led to speculation about potential large transfers or liquidation that could impact market trends.
In related developments, a 19-day streak of strong ETH ETF inflows, totaling $1.37 billion, ended on June 13 with a $2.1 million outflow, suggesting a possible cooling of momentum. Despite this, Ethereum's price remains technically strong, with analysts highlighting bullish signals and a key resistance level at $2,950. A breakthrough could trigger a significant rally, making the current period particularly intriguing for Ethereum.
