In the crypto community, a recent activation of an old Ethereum wallet from 2015 has captured attention. This whale wallet could have significant implications for current market trends.
Activation of the Old Wallet
According to Lookonchain, the old Ethereum wallet created in 2015 has suddenly become active, receiving 2,000 ETH during its ICO for just $620, when the price was around $0.31. This stash is now valued at over $5 million.
Movement of Funds and Their Significance
The wallet made a small transfer of 0.002 ETH on June 14, 2025. Although it's a negligible amount, it suggests that the owner is testing access after years of dormancy. This activity may hint at possible large transfers or liquidations.
Current Trends in the Ethereum Market
Meanwhile, other news indicates that the strong ETH ETF inflow streak, which lasted for 19 days from May 16 to June 12, has ended. The total inflow was $1.37 billion during this period. However, on June 13, the streak was broken with a $2.1 million outflow, which may signal a cooling market. The current price of Ethereum is trading sideways with key resistance at $2,950. Analysts predict that breaking this level could lead to substantial ETH growth in 2025.
With the activation of the old wallet and shifts in ETF trends, the Ethereum market is becoming increasingly interesting to watch. The potential increase in whale activity and price dynamics could play a crucial role in upcoming market movements.