May 7, 2025

$2 Billion Ethereum Being Moved From Dormant Wallets, China Dumping ETH?

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The post $2 Billion Ethereum Being Moved From Dormant Wallets, China Dumping ETH? appeared first on Coinpedia Fintech News A crypto educator and influencer account on X has alerted that “China is Dumping ETH”. As per data from lookonchain, possibly 789,533 ETH worth $2 billion, is being transferred from dormant wallets inactive for 3.3 years. Notably, these funds are coming from the Plus Token Ponzi 2. Chinese police had seized $4.2 billion worth of …

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