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🐋 The sleeping whale has awakened $ETH , sent 50,000 ETH to a wallet linked to Gemini

📊 A nine-year inactive Ethereum wallet transferred 50,000 ETH to a wallet linked to Gemini, reviving coins from 2017 and sparking speculation about possible selling pressure.
🛡 For the first time in nearly nine years, the activity of this wallet included two separate transfers of 25,000 ETH.
💰 Initially, the wallet withdrew 135,000 ETH from Bitfinex in 2017, and now it holds about 85,283 ETH, with the value of assets increasing approximately 32 times since then.
⚙️ Analysts often view the reactivation of dormant wallets that transfer funds to exchanges as a sign of possible selling pressure, although such transfers do not guarantee immediate liquidation.
📅 This event occurred after a similar case when a Bitcoin wallet that had not been used for 13 years moved 909 bitcoins.
Market observers are closely watching whether the transferred ETH will be sold or remain in the exchange wallets, as this could impact short-term price fluctuations in the Ethereum market.