Analyst Links Second Dormant Wallet to Early ETH Whale Transactions
A second wallet tied to an early Ethereum buyer who purchased ETH for ~$18 has been identified, with ~6,000 ETH worth $15.85M moved to exchanges.
A second wallet tied to an early Ethereum buyer who purchased ETH for ~$18 has been identified, with ~6,000 ETH worth $15.85M moved to exchanges. Ethereum (ETH) is trading at ₹2,25,342 ($2,371.11), down 0.6% since this brief published. This is an original Token Times brief based on reporting by Cryptopolitan, with live market data added, as of Sat, 24 Oct 2026 01:00:02 UTC.
This discovery provides insight into the movement of early Ethereum investor funds and could signal increased selling pressure as dormant wallets become active. The transactions are significant given Ethereum's price appreciation since the initial purchase at ~$18.
- Second dormant wallet linked to early ETH buyer identified by analyst Ai Yi.
- Wallet contains ~6,000 ETH worth $15.85M at current prices.
- Initial ETH purchase price was around $18 per coin.
- ETH price remains stable despite potential selling pressure.
Analyst Ai Yi has identified a second dormant 
Ethereum wallet linked to an early ETH buyer who purchased the cryptocurrency for around $18 per coin. This follows the identification of a first wallet with similar characteristics.
The newly identified wallet contains approximately 6,000 ETH, which is currently worth $15.85 million based on Ethereum's current price of $2,384.81.
The transactions are significant as they indicate potential selling activity by early Ethereum investors. The movement of these funds to exchanges could suggest an intent to sell, although no actual sales have been confirmed.
Ethereum's price has remained relatively stable despite these developments, with a 24-hour change of -0.02% and a 7-day change of -1.58%. The overall cryptocurrency market remains flat, with a total market cap of $2.78 trillion.
The identification of these wallets provides insight into the behavior of early Ethereum investors and could signal increased selling pressure as more dormant wallets become active. Investors will be watching for further movements from similar wallets.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,26,643.98$2,384.81 to ₹2,25,341.98$2,371.11 — -0.57%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹241,272.3 (about $2,371.11), down 0.8% over 24 hours. The rupee itself trades about 7.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Analyst Links Second Dormant Wallet to Early ETH Whale Trans — questions & answers
How much ETH was moved from the wallet?
Approximately 6,000 ETH, worth $15.85 million at current prices.
What was the initial purchase price of the ETH?
The ETH was purchased for around $18 per coin.
Why is this significant for the market?
It indicates potential selling pressure from early investors and could affect Ethereum's price if more dormant wallets become active.
How much is 1 Ethereum worth in rupee today?
About ₹241,272.3 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,371.11. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.57% since this brief first published — trading at ₹2,25,342 ($2,371.11) now versus ₹2,26,644 ($2,384.81) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cryptopolitan. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.