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Ethereum whale moves $7.22M worth of ETH to Coinbase after 9 years dormant

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
Ethereum whale moves $7.22M worth of ETH to Coinbase after 9 years dormant

Three wallets, believed to belong to a single Ethereum whale, transferred 2,903 ETH valued at about $7.22 million to Coinbase after being inactive for over nine years. The ETH was originally acquired at roughly $9.90 per coin, representing a 250-fold increase in value. This movement of long-dormant assets to a major U.S. crypto exchange is notable, though it is unclear if the ETH was sold, converted, or simply held in the Coinbase account.

The recent activity involving three dormant Ethereum wallets moving 2,903 ETH to Coinbase provides context for cryptocurrency market watchers. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 10, 2026 09:01 WIB: of 50 major cryptocurrencies priced on Pluang, 38 rose and 11 fell today. Notable movers include COMP at Rp437.056 (+4.79%, 74% buy order activity), SUSHI at Rp4.232 (+4.25%, 64% buy order activity), and YFI at Rp42.443.600 (+4.21%, nearly balanced buy/sell activity).

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