Whale dormant for 9 years deposits $145M in ETH to Gemini

A whale address that had been dormant for nine years transferred 50,000 ETH, valued at $145 million, to Gemini approximately 12 hours ago, according to EmberCN. The address still holds a balance of 85,000 ETH, worth $244 million. Transfers to exchanges are typically interpreted as a potential precursor to selling.