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Dormant Ethereum wallets move large ETH amounts without triggering price drops on Sept 30

Technical Signals
02 Oct 2026
Crypto Briefing
View Source
Neutral
Dormant Ethereum wallets move large ETH amounts without triggering price drops on Sept 30

On September 30, a significant amount of long-dormant Ethereum (ETH) was moved, signaling increased whale activity and old wallets waking up. Despite this, exchange balances remained stable and no major price drops occurred, suggesting holders repositioned coins without immediate selling pressure. Throughout September, whale transfers surged nearly 500%, with notable large transfers to exchanges like Bitfinex. This activity indicates cautious positioning by holders amid a month where ETH gained over 9%, defying its usual seasonal weakness.

Ethereum trades at Rp48.279.122 on Pluang as of Oct 02, 2026 22:51 WIB, showing a modest 0.50% gain in the last day. The platform sees a strong buy sentiment with 67% of orders favoring purchases and a typical hold time of 106 days, indicating steady investor confidence. This stable trading environment aligns with the recent news of increased whale activity without immediate selling pressure, as exchange balances remain steady despite the surge in dormant wallet movements.

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