Dormant wallets move $785M in Ether after 8 years

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Dormant wallets move $785M in Ether after 8 years

Cryptobriefing2025/09/26 17:57

By:Cryptobriefing

Key Takeaways

Dormant Ethereum wallets holding $785 million in ETH were activated after 8 years of inactivity.
The funds originated from Bitfinex and involved early Ethereum participants.

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Dormant wallets containing approximately $785 million worth of Ether moved their holdings today after remaining inactive for eight years, with the funds originally sourced from Bitfinex, a major crypto exchange.

The wallets, belonging to an early Ethereum participant, held 736,316 ETH worth $2.9 billion.

ETH currently trades at around $3,925 per token based on data from CoinGecko. The reactivation follows a pattern of dormant Ethereum whales moving funds after years of inactivity.

In late August 2025, over 92,500 ETH transferred from a foundation-related wallet after 6.6 years of dormancy. Another notable movement included 77,735 ETH worth $368.6 million flowing to Bitfinex on August 23, 2025.

The transfers suggest potential liquidation or repositioning amid market volatility. Exchange inflows like these typically indicate preparation for trading activity.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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