According to Lookonchain (blockchain data tracker), the address returned after more than a year of inactivity and bought Ethereum at an average price of $2,261 about seven hours before the report.
A previously inactive wallet resumed activity by purchasing 2,570 Ethereum for 5.81 million USDC, according to Lookonchain (blockchain data tracker). The transaction was reported to have occurred about seven hours earlier, with the buyer paying an average of $2,261 per ETH. The address had been dormant for more than a year before the purchase, making the move notable because large reactivations can draw attention in crypto markets as traders monitor on-chain behavior for signs of renewed accumulation.