Dormant Wallet: Buys 2055 ETH for $5M via Tokenlon
Dormant wallet 0xc71…30F02 wakes after 8 months to buy 2055 ETH at $2447.49 through Tokenlon, reversing prior $3016 exit amid ETH price at $2421.
SourceAnalysis
Wallet 0xc712a0c2DC41Abec6eB28B54d4B19c1581B30F02 ended eight months of dormancy with a single Tokenlon purchase of 2055 ETH for 5.044 million USDT at $2447.49 per token.
The address had previously exited a similar position nine months earlier near $3016, marking a clear re-entry at lower levels that fits patterns seen in dormant Ethereum wallet wakes up large purchases history and recent Tokenlon aggregator whale activity analysis.
Price sits at $2421.03 inside the Bollinger Bands with upper resistance at $2532.75; the overbought RSI(14) at 70.41 combined with the MACD death cross at 102.82 points to a probable retracement toward the EMA50 support at $2175.04 before any sustained move higher.
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