Ethereum Price Edges Closer to a 10% Crash as an 11-Year-Old Wallet Wakes Up

Three Things to Know A launch-era Ethereum wallet woke up after 11 years and moved a large stack of ETH. Ether trades under both of its key moving averages, and sellers still drive momentum. One lone support zone below price now looks like the level bulls cannot afford to lose. A dormant Ethereum address from the network's earliest days has moved its coins for the first time in over a decade. The owner has not said why. The transfer lands while ETH is already sliding faster than bitcoin and sitting at its weakest point in months. Traders now want to know whether those old coins head to an exchange, and whether buyers can hold the floor if they do.

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