Four Dormant Ethereum Wallets Move 37,602 ETH From 2018 and Begin Selling Into the Drawdown
Volume moved:Four addresses of ancient origin transferred a total of 37,602 $ETH during Fridays session.Acquisition price:The coins were originally received in 2018 at an approximate value of $830 per unit.Liquidation executed:The operators sold 33,623 $ETH at an estimated price of $1,560, generating real profits of $27.4 million. Four dormant Ethereum walletsthat had protected thousands of tokens since 2018 broke their lethargy this Friday to liquidate most of their funds on exchanges. The movements coincide with one of the deepest price contractions within the current crypto market cycle. The on-chain analysis from Arkham shared by Lookonchain indicates that the addresses identified as 0x71B…D412f, 0x92a…ae49D, 0x6C7…5C327, and 0xffd…5BeE5 executed the sales in an estimated span of four hours. Analysts indicated that the entities obtained approximately $52.5 million in gross revenue after trading 33,623 $ETH at a rate of $1,560 per unit. After holding $ETH for 8 years, these #Ethereum OGs finally gave up. Four #Ethereum OG wallets received 37,602 $ETH($58.66M) 8 years ago at ~$830. During the 2021 and 2025 bull markets, their unrealized profit exceeded $150M, but they never sold. The impact of timing on financial returns The execution of these operations occurs in an environment of structural weakness for crypto assets. Historical price records show that in









