During the recent spike in the price of Ethereum (ETH), three dormant Ethereum addresses emerged to sell large amounts of ETH. These addresses had been inactive for several years but took advantage of the price surge to offload their holdings. One address sold 25,000 ETH for $65.67 million, another sold 8,701 ETH for $24.05 million, and a third sold 11,005 ETH for $30.56 million. These transactions were highlighted by on-chain analytics platforms Spot On Chain and Lookonchain. Despite these sales, ETH continues to trade at $2,846 per coin, with a 24-hour increase of 9.71%.



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