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Over $52M in Ether moved from early wallets to Kraken and Coinbase in October, including a 9.5-year dormant address transfer.

Market News
23 Oct 2026
Tokenpost
View Source
Neutral
Over $52M in Ether moved from early wallets to Kraken and Coinbase in October, including a 9.5-year dormant address transfer.

In October, two early Ethereum wallets transferred more than $52 million worth of Ether tokens to major exchanges Kraken and Coinbase. One wallet moved 6,369 ETH (about $16 million), originally bought at $14 each, to Kraken, while another transferred 13,330 ETH (over $36 million), acquired during Ethereum's 2014 presale at $0.31 per token, to Coinbase. Additionally, a separate dormant address that had been inactive for 9.5 years moved 3,000 ETH valued at $7.23 million to Kraken on October 22. These transfers indicate significant Ether movements to exchanges but do not confirm if the tokens were sold or the reasons behind the transfers.

The story on early Ether wallets transferring over $52 million to exchanges is presented here with Pluang's market context. For readers following major cryptocurrencies, 12 out of 50 priced assets rose while 37 fell today. Notable movers include EOS at Rp12,649 with an 8.13% increase, SAND at Rp912 with a 5.57% decrease and 60% sell order activity, and SNX at Rp3,668 with a 4.30% decrease and 100% buy order activity. This data is as of Oct 24, 2026 06:31 WIB.

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