ETH Long-Term Holders Take Hit as Price Falls Below 2025 Peak
Two dormant Ethereum wallets from 2021 transferred a total of 14,700 ETH to OKX exchange on September 14. This transfer was worth about $36.94 million at current prices.
The coins were originally acquired in 2021 when their combined value was nearly $57 million, indicating a loss of roughly $20 million due to the price drop since then.
This activity highlights some long-term holders exiting positions amid current lower ETH prices, which are about 49% below their 2025 peak.