ME News reports that, on June 26 (UTC+8), according to Lookonchain monitoring, four Ethereum OG wallets received 37,602 ETH eight years ago, valued at $58.66 million at an average price of approximately $830. Their unrealized profits once exceeded $150 million during the bull markets of 2021 and 2025, but they never sold until now. After eight years of inactivity, these wallets began selling today, having offloaded 33,623 ETH over the past four hours—valued at $52.46 million at an average price of approximately $1,560. Their current profit stands at approximately $27.4 million. (Source: ODAILY)
Ethereum OG wallets sell 33,623 ETH after an 8-year hold
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Summary
The Ethereum price experienced significant movement as four original wallets sold 33,623 ETH on June 26 (UTC+8), totaling $52.46 million. These wallets had held 37,602 ETH for eight years before selling at $1,560 per ETH. ETH analysis suggests this move could influence short-term price dynamics, generating a profit of approximately $27.4 million.
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