Whale Wallet Awakens After 7 Years, Offloads 1,100 Ethereum Worth $1.9M

After remaining inactive for seven years, a crypto wallet identified as “0x0965” has reactivated and begun selling its Ethereum (ETH) holdings.

In its initial move, the wallet offloaded 1,100 ETH, bringing in about $1.9 million in USDS and generating an estimated $41 million in profit.

The address originally acquired 27,586.48 ETH for roughly $5.72 million. Despite these sales, it still holds 26,486.48 ETH, valued at around $44.86 million, which remains available for sale via CoW Swap.

Source: Onchain Lens