Dormant Ethereum Whale Wakes Up and Sells 27,585 ETH Worth $44.8M After 7 Years

After seven years of inactivity, crypto wallet 0x0965 has suddenly reactivated, selling 27,585 ETH worth about $44.84 million over the past two days at an average price of $1,625.

The large-scale sale resulted in profits exceeding $39 million. At its peak, the same holdings had reportedly shown unrealized gains of more than $130 million before the recent sell-off.

Source: Lookonchain