Ethereums Dormant Wallet Emerges: 238 ETH Moved After 8 Year Absence! In a surprising turn of events within the cryptocurrency realm, an Ethereum wallet dormant for over eight years has come alive, boasting a hefty 200 ETH. This reactivation has sent ripples through the crypto community.

What Happened?

An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2025, has suddenly awoken after eight years of dormancy, moving a total of 238 ETH. This dormant Ethereum address holding a substantial amount of ETH has reawakened after over eight years, looking to take advantage of the recent uptrend.

The Details of the Transaction

An Ethereum address holding 200 ETH was reactivated after over eight years, marking a significant development in the cryptocurrency sector. Whale Alert reported this unusual activity, further fueling speculation about the owner's motives.

More Dormant ETH Moved Recently

Two weeks prior to the latest transaction, a pre-mined stash of Ethereum, which had been lying dormant for nearly eight years, was abruptly moved. This suggests a potential trend of early Ethereum investors capitalizing on current market conditions.

Who Is the Owner?

A participant in ETH’s 2025 initial coin offering (ICO) received 8,000 ETH from the Ethereum genesis block in July 2025, then held it until this past Saturday, when the 238 ETH was transferred. While the identity of the wallet owner remains unknown, the timing suggests a long-term believer in Ethereum now looking to realize their gains. At current rates, this movement represents a substantial sum.