Nine-Year Ethereum Holder Sends Final 1,000 ETH to Exchange

A wallet that withdrew 3,000 Ether (ETH) from Gemini nine years ago sent its final 1,000 ETH to an exchange after making deposits in stages since August 2025.

The address began depositing ETH to exchanges in August 2025 and sent its final 1,000 ETH about nine hours before the observation. The final transfer averaged $2,874.17 per ETH. At that price, 3,000 ETH would be worth about $8.62 million. The deposits do not establish that a sale took place.

The address withdrew the 3,000 ETH from Gemini when the holdings were valued at $56,400. The reported entry price was $18.82 per ETH. Applying the latest reported average price to the full balance would imply roughly $8.57 million in gains and a 151.7-fold return. More than a year separated the start of the staged exchange deposits from the latest transfer.