Dormant Ethereum Whale Returns, Sells $29M in ETH Without Impacting Market Momentum

By: blockchainreporter|2025/05/05 01:30:02
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Dormant ETH whale moved $47.85M after 3 years, triggering large on-chain activity.16,500 ETH sold since April 17 with no major impact on Ethereum’s rising price.Market absorbed $29M in ETH sales; ETH climbed to $1,842.49 by May 4.A long-inactive Ethereum Initial Coin Offering (ICO) participant has resumed activity after years of silence, triggering a wave of high-volume transfers beginning on April 17. Blockchain data shows the participant moved 30,000 ETH valued at approximately $47.85 million at the time, ending a dormancy of over three years.The reactivated address, initially funded with 76,000 ETH during Ethereum‘s genesis phase in 2015, has since offloaded more than half its holdings through a series of transactions spanning several days.The Ethereum ICO participant sold another 1,500 $ETH($1.76M) again 6 hours ago.Since ending a long dormancy on April 17, he has sold 16,500 $ETH($29.35M) at an average price of $1,779 and still holds 13,500 $ETH($24.82M).https://t.co/OE35gIUeGS pic.twitter.com/aujCLgHwIV— Lookonchain (@lookonchain) May 4, 2025The participant, who acquired 76,000 ETH at the ICO price of roughly $0.31, transferred the full amount to the wallet 0xD612597B...9426bD925 over 3,500 days ago. That address had remained inactive until mid-April 2025. On April 17, it transferred 30,000 ETH, including a 3,000 ETH deposit, worth around $4.78 million, to crypto exchange Kraken.Following that transaction, the wallet initiated a sequence of additional movements. Some transfers were as large as 60,000 ETH and 5,504.982 ETH, redirected to new addresses including 0x738e8368...f55f4EAaF and 0x96f59616...7a7B10be7. Other transfers reportedly came from wallets that had previously interacted with exchanges such as Poloniex, suggesting legacy wallet consolidation or reactivation.Source: XDue to their timing, scale, and origin, the transactions led to discussion. Blockchain records indicate many of the transfers occurred in quick succession, raising attention among on-chain observers and signaling a potential return of the long-dormant supply to active circulation.Market Absorbs $29M in ETH Sales With No Lasting Price ImpactSince April 17, the wallet has sold a total of 16,500 ETH, amounting to roughly $29.35 million in realized value. These sales were executed at an average price of $1,779 per ETH. The most recent transaction, six hours before the latest data capture, involved the sale of 1,500 ETH worth $1.76 million.Despite the size of these transactions, Ethereum’s market price continued to trend upward. On April 18, when a 3,000 ETH sale was recorded, ETH was trading at about $1,620. Over the following weeks, additional sales, each for 1,500 or 3,000 ETH, were recorded between April 25 and May 3.As of May 4, Ethereum reached a trading price of $1,842.49. The 24-hour price range narrowed to $1,816.86–$1,845.77, with trading volume surpassing $7.2 billion and a market capitalization of $222 billion. The wallet still holds 13,500 ETH valued at approximately $24.82 million.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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