A dormant whale sold approximately $6.357 million worth of ETH and stETH after a year of inactivity.
Original headline沉寂一年的大户卖出约 635.7 万美元 ETH 和 stETH
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A dormant whale wallet reactivated after roughly a year, withdrawing tokens from Aave and selling about $6.357 million worth of ETH and stETH on-chain over the past 10 hours at an average price of $2,428, according to monitoring by Ai Yi. The move matters as a sign that long-idle holders may be taking profits or repositioning after ETH's recent price action, adding sell-side pressure to spot markets. Traders will watch whether other dormant wallets follow suit and whether the redeemed funds stay off exchanges or get sold, with ETH price action and Aave withdrawal flows as the next signals to monitor.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), stETH, Aave (AAVE), Ai 姨
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