Dormant Wallet Sells Ethereum Holdings After Three Years

According to Odaily, a wallet that had been inactive for three years recently liquidated its Ethereum holdings, selling 1,014.67 ETH valued at approximately $1.92 million. The transaction resulted in a profit of $126,000. Analysis reveals that the wallet acquired the ETH at an average price of $1,771, with a total investment of around $1.8 million. Notably, during peak market conditions, the wallet's unrealized gains had reached $2.3 million, but the user did not capitalize on the high market value.