According to U.Today, a long-dormant Ethereum whale has reactivated its wallet for the first time since the initial coin offering (ICO) in 2015. The wallet, which originally held 2,000 ETH, has transferred approximately half of its holdings. This significant movement was detected by blockchain sleuth Whale Alert, which noted that the wallet had been inactive for nine years. The Ethereum was initially acquired at a price of around $0.31 per ETH, making the current value of the 2,000 ETH approximately $6.68 million. The whale transferred 1,111 ETH, valued at $3.7 million, in four separate transactions. The transfers included amounts of 1,000, 100, 10, and 1 ETH, respectively. The remaining ETH in the wallet is still substantial, given the massive increase in Ethereum's value since its ICO days. This movement has sparked interest and speculation within the cryptocurrency community about the whale's intentions and future actions. In related news, Ethereum co-founder Vitalik Buterin marked the ninth anniversary of the Ethereum network's launch. Buterin took to social media to celebrate the milestone and expressed his excitement for the future developments of Ethereum. Currently, Ethereum stands as the second-largest cryptocurrency by market capitalization, valued at over $401 billion. As of now, ETH is trading at approximately $3,340. Recently, the U.S. Securities and Exchange Commission (SEC) approved the launch of spot Ethereum exchange-traded funds (ETFs). These ETFs were released by the same companies that received approval for spot Bitcoin ETFs earlier this year. Despite this approval, the launch of Ethereum ETFs has not significantly impacted the asset's price. Over the past few days, Ethereum experienced a surge of over 9%, rising from $3,115 to nearly $4,000 before settling back to its current trading range. The cryptocurrency community remains divided on the potential success of Ethereum ETFs compared to Bitcoin ETFs. While some are optimistic about the future of Ethereum, others, particularly Bitcoin maximalists, remain skeptical about its long-term prospects. The recent activity of the dormant whale and the ongoing developments in the Ethereum ecosystem continue to be closely monitored by investors and enthusiasts alike.