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3,000 ETH worth $7.23M moved to Kraken after 9.5 years dormant, up 128x from 2017 value.

Market News
23 Oct 2026
Tokenpost
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Neutral
3,000 ETH worth $7.23M moved to Kraken after 9.5 years dormant, up 128x from 2017 value.

An Ethereum wallet that had been inactive for 9.5 years transferred 3,000 ETH to the Kraken exchange on October 22. When these tokens were withdrawn from Gemini in 2017, they were valued at $19 each, totaling about $56,000. The current value of the transferred Ether is approximately $7.23 million, representing a 128-fold increase since 2017. This move highlights the significant appreciation of Ethereum over nearly a decade and may indicate renewed activity or interest from long-term holders.

Ethereum's market cap stands at Rp5.292,58 trillion as of October 23, 2026, 12:21 WIB, with a 24-hour trading volume of Rp220,1 trillion on Pluang. Despite the recent transfer of 3,000 ETH from a dormant wallet, Ethereum's price on Pluang is Rp43.331.651, down 1.38% in the past day. The typical hold time for Ethereum on Pluang is 108 days, indicating medium-term investor interest at this time.

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