Key Insights:
Ethereum crypto faced pressure from dormant wallet selling.
ETH crypto whales split between exits and accumulation.
Traders watched support as bearish structure widened.
Eight-year-old Ether wallets moved coins for the first time since 2017, adding supply into a weak market. Ether traded just above $1,500 as large holders showed split positioning across exchanges. The sales raised pressure because long-term whale profitability had already fallen below zero.
The Ethereum crypto market entered the session with opposing signals from old holders and fresh buyers. Dormant wallets sold into weakness, yet separate whale activity showed capital rotation into Ether. That contrast left traders focused on support, liquidity, and whether forced selling had already peaked.
Ethereum Crypto Whales Split After Dormant Sales
Lookonchain data showed that long-dormant addresses moved 37,806 ETH after years of inactivity. Four wallets had received their coins nearly eight year
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