A long-dormant Ethereum wallet has reactivated, transferring 10,000 ETH valued at approximately $23 million after over a decade of inactivity. This significant movement has sparked fears of potential sell-off pressure in the market. The wallet, linked to Ethereum's 2015 initial coin offering, originally acquired the ETH for around $3,100, marking a gain of over 7,000 times its initial investment. The transaction, recorded by Etherscan, involved moving the funds to a newly created wallet, prompting speculation about the holder's intentions. While the destination address has not been associated with any major exchange, such large transfers from inactive wallets often lead to concerns about possible liquidation. Ethereum is currently trading near $2,335, and the reactivation of this wallet has heightened market sensitivity to potential shifts in trading sentiment.