Whale dormant for 2 years buys $8.7M in ETH

Two addresses belonging to an anonymous whale, dormant for two years, purchased a total of 4,020 ETH ($8.74 million) seven hours ago, on-chain analyst ai_9684xtpa reported. This whale notably held its position without selling during the previous bear market, when ETH was at $1,522, or the subsequent bull market peak of $4,461. The whale now holds 5,122 ETH at an average purchase price of $2,269.