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A Whale/Institutional Investor Dormant Wallet Accumulated 51,431 ETH over 2 Years, with Unrealized Gains of Over 20x

By: theblockbeats.news|2025/07/12 09:01:54

BlockBeats News, July 12th, According to ChainInfo, in the past half hour, a batch of ETH (51,431 ETH, worth $152 million) that had not moved for 2 years was consolidated from multiple addresses to one wallet.

These ETH can be traced back to the period from the second half of 2019 to early 2020 when they were mostly accumulated, with an average price of around $150. The current price has increased 20 times compared to that time.

This week, the US Bitcoin Spot ETF saw a total net inflow of $2.7175 billion

A whale deposited 1.35 million USDC into Hyperliquid half an hour ago, going 2x long on PUMP.