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Ethereum wallet moves $5M in Ether to Coinbase after 3 years of inactivity

Market News
29 Oct 2026, 05:04 WIB
Tokenpost
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Neutral
Ethereum wallet moves $5M in Ether to Coinbase after 3 years of inactivity

An Ethereum wallet with the address 0x6D30 transferred its entire balance of 2,119 Ether, worth approximately $4.99 million, to Coinbase after being inactive for three years. This significant transaction highlights a rare movement of a large dormant crypto asset, which could indicate a change in the owner's intentions or market activity. Such moves often attract attention from investors and analysts watching for signs of market shifts or large-scale asset reallocations.

The recent activity of a dormant Ethereum wallet moving 2,119 ETH to Coinbase provides context for cryptocurrency market watchers. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 29, 2026 08:21 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 29 rose and 20 fell today. Notable price changes include SXP (Solar) down 46.27% at Rp37, BAL (Balancer) up 11.14% at Rp16.297, and EOS (EOS.IO) up 8.13% at Rp12.649.

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