Ethereum OG Moves 15,000 ETH to Coinbase After 10 Years, Raising Sell-Off Fears Amid Weak Market Sentiment

Monday, Mar 23, 2026 6:16 am ET1min read
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An early Ethereum investor has moved 15,002 ETH worth $31 million to Coinbase, sparking concerns about a potential sell-off. The investor accumulated 172,700 ETH in 2016 and holds around $356 million in today's prices. Meanwhile, chart analyst Ali Martinez predicts Ethereum's price may retest $1,800 before potentially breaking out towards $4,900 resistance.

Ethereum OG Moves 15,000 ETH to Coinbase After 10 Years, Raising Sell-Off Fears Amid Weak Market Sentiment

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