Long-Dormant Ethereum Holder Moves $23M as Bitmine Continues Accumulation

A long-dormant Ethereum ICO wallet moved 10,000 ETH worth approximately $22.9 million after nearly 11 years of inactivity, signaling potential profit-taking. Meanwhile, Tom Lee's Bitmine continues to aggressively accumulate Ethereum. The movement highlights a dynamic between profit realization and accumulation in the crypto market.

By Kurt Robson Wed, April 29, 2026 at 12:32 PM GMT+3 4 min read · Yahoo Finance ·

Long-Dormant Ethereum Holder Moves $23M as Bitmine Continues Accumulation

Tickers: $BMNR $ETH

Topics: Bitmine Ethereum Fenbushi Capital On-chain analytics Token movements Whale activity

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