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Ethereum ICO whale moves $4.41M in MKR after 7 years of inactivity, signaling possible wallet changes.

Technical Signals
09 Aug 2026
UToday
View Source
Neutral
Ethereum ICO whale moves $4.41M in MKR after 7 years of inactivity, signaling possible wallet changes.

An Ethereum whale from the 2015 ICO era has moved 3,510 MKR tokens, worth about $4.41 million, to a new address after seven years of inactivity. This whale originally acquired over 7,000 MKR tokens between 2018 and 2019 at an average price of $828.92 each. The move does not indicate a sale but suggests possible wallet restructuring or preparation for future transactions. The next destination of these tokens will clarify if this signals profit-taking or just a custody change, making it a significant on-chain event to watch.

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