Crypto whale has recently gained a lot of attention across the community with its massive deals. According to data from Onchain Lens, 1. The whale, who has been inactive for eight years, recently traded a staggering $7,488 ETH with the well-known brokerage firm Falconx. The popular on-chain data platform has worked on social media to reveal the event.
The whale transported $7,488 ETH worth $11.92 million to #FalConx after being inactive for 1.8 years.
The wallet still owns 10,322 ETH and is rated 16.48mmhttps://t.co/v8kmdarnkf pic.twitter.com/ndhtv4alvw
– Onchain Lens (@onchainlens) April 19, 2025
Whale trades $11.92 million at $eth after remaining inert until dormant for 1.8 years
Data on the chain reveals that after 1.8 years of sleep is extremely important, a whale moves at $11.92m at $ETH moves at $ETH. During dormant, some notable developments took place in the broader crypto sector. The entire market has experienced many boom bust cycles. Following this stage, the sudden revival of whale activity has attracted attention.
The event highlights the possibility of strategic relocation during preparations for large-scale liquidity events and other such market developments. Regardless of the massive movement, the whale wallet still has a $10,322 etk token. The figure reportedly accounts for almost $16.48 million at current prices. This points to the whales maintaining robust stock in Ethereum’s future performance ($eth).
Big $eth transfer can affect price
According to Onchain lens, large transfers after such long dormancy often affect the entire market. These events could also indicate impending sales pressure or changes to your holding strategy in the long term. Furthermore, this development could also affect the price of Ethereum ($eth).
