Home » Altcoins » Whale Activity Surges as Dormant Crypto Wallets Make Major Moves

Whale Activity Surges as Dormant Crypto Wallets Make Major Moves

14.03.2025 8:00 2 min. read Alexander Stefanov
SHARE: SHARES
Whale Activity Surges as Dormant Crypto Wallets Make Major Moves

Activity among major cryptocurrency holders is intensifying, with significant token movements reshaping the landscape.

Once-dormant wallets are springing back to life, newly emerging investors are making bold plays, and seasoned holders are adjusting their positions.

One such case involves an Ethereum address, 0xbc8, which had remained largely inactive for years before suddenly transferring 2,692 ETH (roughly $5.01 million) from OKX. The unexpected withdrawal has led to speculation over possible investment or trading plans.

Meanwhile, a fresh player in the market, operating under the wallet 0x7c9, pulled out 2.4 million OM tokens from Binance, valued at around $15.54 million at an average price of $6.47. Further investigations link this move to another address, 0x699, which has been steadily withdrawing small amounts of ETH over the past two weeks to fund gas fees for several wallets involved in OM trading since early 2024. Two of these wallets now collectively hold 11.64 million OM, worth approximately $75.39 million.

Another whale, identified as 2fyep, made headlines after withdrawing 201,755 SOL from Binance—an investment worth $24.98 million, with tokens acquired at an average price of $123.81. Instead of dispersing the funds, the entire amount was immediately deposited, signaling a potential long-term strategy.

At the same time, a well-known investor, 0xc6f, has been offloading LINK tokens. The latest sale included 217,421 LINK at $13.29 each, totaling $2.88 million in USDC. Since reactivating in March 2025 after months of inactivity, the address has liquidated 356,665 LINK for $4.59 million at an average price of $12.88. With these continued sell-offs, holdings have dwindled to just 7,917 LINK, now valued at about $106,000, spread across two remaining wallets.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

Telegram

SHARE: SHARES
More Altcoins News

First-Ever Staked Crypto ETF Set to Launch in the U.S. This Week

A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.

01.07.2025 9:00 2 min. read Kosta Gushterov

XRP Price Prediction: Can XRP Hit $4 After XRPL EVM Sidechain Launch?

XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]

30.06.2025 22:06 3 min. read Alejandro Ar

Ethereum Launches Onchain Time Capsule to Mark 11th Anniversary in 2026

A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.

30.06.2025 19:00 1 min. read Kosta Gushterov

Ethereum Accumulation Surges While U.S. Politics Stir Market Uncertainty

A new CryptoQuant report highlights a growing divergence between long-term Ethereum holders and short-term Bitcoin buyers, with significant accumulation behavior unfolding in both markets amid increasing political and economic tension in the U.S.

30.06.2025 18:00 2 min. read Kosta Gushterov
No Comments yet!

Your Email address will not be published.