Ethereum Whale Sells 3,000 ETH After Dormancy Period
- The whale’s reactivation and potential short-term volatility.
- Impacts on Ethereum’s market liquidity.
- No external regulatory responses reported yet.
A previously inactive Ethereum whale with historic ties to the 2015 ICO has sold 3,000 ETH, valued at about $5.39 million, via a deposit to Kraken on April 30, 2025.
This event matters due to its potential to shift Ethereum market dynamics and influence other dormant whale behaviors near-term.
The Ethereum ancient whale originally acquired around 76,000 ETH at a low ICO price in 2015. Recently, 3,000 ETH was deposited to Kraken, indicating potential market effects. The wallet remained inactive for three years before this transaction.
The whale’s identity remains undisclosed without direct public statements from major Ethereum figures like Vitalik Buterin. The deposited funds could signal ongoing shifts in Ethereum’s investor landscape and might affect future price volatility.
“A big-time Ethereum ETHUSD investor who had been sitting dormant for a while, and had accumulated 76,000 ETH during the 2015 ICO, has reappeared after three years of radio silence… 45 minutes later, 3,000 ETH, which is worth about $4.78 million, were moved from the new address to a known Kraken deposit address, which suggests a likely sell-off.” – On-chain whale tracking via TradingView, Analyst, TradingView
Market observers speculate on possible fluctuations in ETH’s short-term price, noting previous incidents where similar transactions have led to temporary dips. Community discussions underscore the high return on investment, pointing to further liquidation possibilities.
Potential outcomes include changes in Ethereum’s market liquidity and price with watchful eyes on future whale activities. Historical data suggests these transactions often result in short-lived dips with significant medium-term reabsorption by market liquidity.
