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Dormant Ethereum Wallet Moves $9.35 Million After Reports on Iran Leader’s Death

A previously inactive Ethereum address withdrew 4,819 ETH from OKX at an average price of $1,941.25, recording a $125,000 unrealized profit as of March 1.

ETH

Summary

A two-year dormant Ethereum address accumulated $9.35 million in ETH and withdrew 4,819 ETH from OKX six hours ago at an average price of $1,941.25. The funds were subsequently transferred, and as of March 1, the position reflects an unrealized profit of approximately $125,000. No additional contextual events were specified in the latest update.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain used for transactions, decentralized applications, and smart contract execution.
  • OKX: A cryptocurrency exchange platform that facilitates digital asset trading, withdrawals, and related services.
  • Dormant address: A blockchain wallet that remains inactive for a prolonged period before resuming on-chain activity.