Dormant Whale Wallet Transfers $252.56 Million Ethereum to BitFinex

A recently reactivated Ethereum whale wallet transferred 58,938 ETH worth approximately $252.56 million on September 7, 2025, split between BitFinex and two newly created wallets.

The transaction underscores potential impacts on Ethereum liquidity and market perceptions, though no statements from BitFinex, regulators, or significant industry leaders have surfaced.

Dormant Whale Moves Trigger Major On-Chain Activity

A dormant wallet reactivated after six years, transferring large sums of Ethereum. The wallet sent 21,178 ETH to BitFinex and 37,760 ETH to two new wallets. This move contributes to significant on-chain movements.

The transfers translate into realized profits of $240.57 million, suggesting potential early adoption advantages. The activity may influence market liquidity observers monitoring incoming transactions at exchanges like BitFinex.

Market reactions remain reserved, as BitFinex has not issued statements or comments. Community discussions on forums highlight speculation regarding the identity or intentions of the wallet owner.

Ethereum Surges as Market Awaits Whale’s Next Move

Did you know? Large dormant Bitcoin moves, similar to this Ethereum transfer, often precede major liquidity and price changes, recalling similar events in the 2017 and 2021 bull runs.

Ethereum (ETH) is currently priced at $4,295.02, underlining positive sentiment with a 64.12% increase over 90 days. Market capitalization stands at $518.43 billion with a volume decrease of 8.29%, per CoinMarketCap data.

Insights from the Coincu research team suggest this transaction could influence ETH’s supply dynamics and trading liquidity. However, normative market reactions may see fluctuations resolved over upcoming weeks. For deeper analysis, industry experts await further on-chain developments or wallet actions. Ethereum’s market performance continues to capture significant attention.