Dormant Ethereum Whale Transfers $3.3M in ETH to Binance After 7 Months of Inactivity

A major Ethereum holder has transferred 2,010 ETH, worth approximately $3.3 million, to Binance after remaining inactive for seven months.

The investor originally accumulated 10,026 ETH at a cost of approximately $29.26 million when Ethereum was trading above $3,000.

Following the latest transfer, the wallet still holds 8,016 ETH, currently valued at around $13.24 million.

With Ethereum trading below its earlier purchase price, the holder is currently facing an estimated unrealized loss of $12.7 million.