According to recent data from blockchain monitoring platform Lookonchain, on February 4, three long-dormant addresses suddenly became active, completing a significant ETH buying spree within just 8 hours.
The on-chain data shows that these addresses had remained inactive for the past four years but have now deployed $13.1 million to purchase 5,970 ETH at an average price of around $2,195 per ETH.
- Dormant addresses resurface after four years
- Total acquisition of 5,970 ETH
- Spending reached approximately $13.1 million