Data: ETH whale transfers 50,000 ETH to Gemini after 9 years of dormancy

According to on-chain analyst Yu Jin's monitoring, a dormant whale address (0xb5Ab…68D6) that has been inactive for 9 years transferred 50,000 ETH to the Gemini exchange in the last 12 hours, worth $145 million.

This address withdrew 135,000 ETH from Bitfinex 9 years ago, valued at $12.17 million at that time, with a unit price of about $90. The current price has increased 32 times compared to then. After transferring out 50,000 ETH, the address still holds 85,000 ETH, worth $244 million.