Dormant Ethereum Whale Moves $393 Million ETH After 9 Years
An Ethereum (ETH) whale recently deposited 135,284 ETH, worth around $393.4 million, into Gemini after nine years of dormancy. The move may lead to some worry among investors, in case the whale decides to sell and book profits. Let’s discuss what may happen. OG WHALE MOVES $393.4M IN ETH AFTER 9 YEARS A dormant Ethereum OG whale deposited 135,284 ETH worth $393.4 MILLION into Gemini today, marking its first activity in 9 years. pic.twitter.com/Xv4PSHjWtT — Coin Bureau (@coinbureau) January 26, 2026 Will The Ethereum Whale Sell Its Holdings? Source: Pixabay Given the surge in gold and silver prices over the past few months, investors may be shifting their focus away from the cryptocurrency market for the time being. Market participants are most likely adopting a risk-off approach. The Ethereum (ETH) could be following a similar pattern. However, it is also possible that the wallet owner is shuffling their holdings and may not sell their ETH coins. The crypto market has faced ...