9-Year-Dormant Whale Wallet Awakens: 2,903 ETH Deposited on Coinbase Yields 250x Return
On October 10, monitoring by on-chain analytics platform Lookonchain (@lookonchain) revealed that three whale wallets suspected to belong to the same holder resumed activity after being dormant for over nine years, depositing a combined 2,903 ETH (approximately $7.22 million) into Coinbase. This batch of ETH was acquired about nine years ago at a price of roughly $9.9 per token, representing an unrealized profit of approximately $7.19 million at current prices, yielding a return on investment of 250 times.