BlockBeats news, on November 7, according to Ember Monitoring, as ETH surged by 12% today, an address that hoarded 11,004.9 ETH at a price of $3.45 over 8 years ago ended its dormancy and began selling these ETH on-chain.

So far, he has sold 5,485 ETH for 15 million USDC in just an hour and a half, at a selling price of $2,736.