Ethereum News Today: Decade-old Ethereum address reactivated, transfers $140,000 worth 37 ETH as Ethereum price holds amid broader crypto market rally

A decade-old Ethereum address, last active in 2015, was reactivated on July 25, 2025, transferring 37 ETH—valued at approximately $140,000 at the time of the transaction—to a newly created wallet. The movement, detected by on-chain monitoring services, marked one of the largest transfers of dormant crypto assets in recent months. The funds originated from a pre-mine genesis allocation, with the original value of the 37 ETH estimated at $11 in 2015. Despite the reactivation, Ethereum’s price remained stable, with no significant liquidity shocks observed, according to unnamed exchange analysts [1].

The transaction has sparked speculation about the identity of the sender and recipient, as no public attribution or claim has been made. Core developers and prominent figures in the Ethereum ecosystem have not commented on the event. Historically, similar activations of long-dormant wallets have not triggered price volatility, as seen in prior cases. Analysts suggest that while the movement is notable for its historical context, its impact on the broader market remains minimal. “Despite the activation of the dormant wallet, ETH’s price remained stable with no significant liquidity shocks,” one unnamed analyst noted [1].

The reactivation coincides with a broader rally in the cryptocurrency market. Ethereum’s market capitalization has surged to $460 billion, the highest since early 2022, driven by renewed interest in altcoins and tokenized assets. Ethereum itself gained 25% in the past week, outperforming Bitcoin, which now holds less than 60% of the total digital asset market. Dogecoin also rose 9% in 24 hours, reflecting shifting investor sentiment toward risk-on assets. Augustine Fan of SignalPlus attributed the trend to speculative trading and growing adoption of crypto by traditional financial institutions: “Most TradFi players are already fully positioned on Bitcoin, but altcoin momentum suggests broader risk appetite” [2].

The U.S. Senate’s passage of the GENIUS Act, which establishes a regulatory framework for stablecoins, has further bolstered institutional confidence in the sector. Corporate adoption of Ethereum is also expanding, with Ether Machine—a firm backed by Kraken and Blockchain.com—planning to list on the Nasdaq via a SPAC merger. The firm’s $645 million anchor investment underscores the sector’s appeal to institutional capital. Dynamix Corp., the SPAC involved in the deal, saw its shares surge nearly 50% following the announcement [1].

Market dynamics highlight the significance of the Ethereum address movement. Tom Lee of Fundstrat recently advised Bitmine Immersion Technologies to adopt an Ethereum Treasury strategy, forecasting a potential surge in ether prices to $10,000–$15,000 by year-end. This projection, combined with Bitmine’s recent 828% stock price increase, illustrates the growing influence of institutional strategies in shaping Ethereum’s trajectory. However, Lee’s comments remain speculative, contingent on macroeconomic factors [2].

Flexjet, a private aviation firm, recently raised $800 million in a funding round valued at $4 billion, partly driven by demand from crypto entrepreneurs. The trend reflects the wealth generation effects of a surging crypto market, where speculative gains are increasingly funneled into high-end consumption and business expansion. The ability of dormant addresses to re-enter the ecosystem, as seen in this case, demonstrates blockchain’s long-term utility in tracking and transferring assets across extended timeframes [1].

While the reactivation of the 2015 Ethereum address is a singular event, it intersects with broader macro trends in the crypto space. The market’s focus on tokenized financial assets and stablecoin regulation, coupled with corporate adoption and speculative fervor, creates a fertile environment for dormant holdings to reemerge. For now, the implications remain speculative, but the movement of 37 ETH—a relatively small fraction of Ethereum’s total supply—serves as a reminder of the latent value locked in inactive wallets. As the industry matures, such events may become more frequent, offering insights into the hidden layers of the crypto economy.

Source: [1] [title1Cruising Attitude and Recap July 21, Almost Daily Grant’s] [url1https://coinmarketcap.com/community/articles/6883e23bf4dca2206ba472d0/] [2] [title2Cruising Attitude and Recap July 21, Almost Daily Grant’s] [url2]