FINNENCE ▪ THE WIRE FILE
THE WIRE · № 74028
News▼ Bearish
3 wallets (possibly belonging to the same whale) deposited 2,903 $ETH ($7.22M) into Coinbase after over 9 years of inactivity. When these wallets received the $ETH 9 years ago, the price was only $9.9. They are now sitting on a $7.19M profit, with a 250x return.
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES2
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
Long-dormant ETH moving to an exchange often precedes selling pressure.
Old whale wallet wakes and deposits
CATALYST TO WATCH
Whether the ETH is sold on exchange
MAIN RISK
Deposit may not translate into sales
FULL DISPATCH
3 wallets (possibly belonging to the same whale) deposited 2,903 $ETH ($7.22M) into #Coinbase after over 9 years of inactivity. When these wallets received the $ETH 9 years ago, the price was only $9.9. They are now sitting on a $7.19M profit, with a 250x return. https://t.co/jt7IW4SYjR https://t.co/nOE1uSAvZw https://t.co/Xw2sCVu7xm
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
SUBJECTEthereum · ETH-USD
SUBJECTCoinbase · COIN
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
←CORRELATIONshares ETH-USD
Trader 0x31C2 sold 500,000 $UNI ($3.89M) at $7.78 7 hours ago, realizing a profit of $1.89M.2026-10-08 13:44 UTC
Trader 0x31C2 sold 500,000 $UNI ($3.89M) at $7.78 7 hours ago, realizing a profit of $1.89M.2026-10-08 13:44 UTC
←CORRELATIONshares ETH-USD
Smart trader 0x2371, with a 100% win rate and $9.26M in total profit, is trading again! After the market dropped, he opened a 20x long on 12,000 $ETH ($29.88M) and is now sitting on an unrealized profit of $626K.2026-10-09 05:56 UTC
Smart trader 0x2371, with a 100% win rate and $9.26M in total profit, is trading again! After the market dropped, he opened a 20x long on 12,000 $ETH ($29.88M) and is now sitting on an unrealized profit of $626K.2026-10-09 05:56 UTC
←CORRELATIONshares ETH-USD
A gambler (or possibly a hacker) sold 262.78 $ETH for 643K $USDC and deposited it into Hyperliquid, then opened a 40x short on 305.51 $BTC ($25.4M) 40 minutes ago. Liquidation price: $84,086.032026-10-09 13:09 UTC
A gambler (or possibly a hacker) sold 262.78 $ETH for 643K $USDC and deposited it into Hyperliquid, then opened a 40x short on 305.51 $BTC ($25.4M) 40 minutes ago. Liquidation price: $84,086.032026-10-09 13:09 UTC
←CORRELATIONshares ETH-USD, COIN
Oct 9 Update: Bitcoin ETFs: 1D NetFlow: -3,412 $BTC(-$282.91M)🔴 7D NetFlow: -6,747 $BTC(-$559.35M)🔴 Ethereum ETFs: 1D NetFlow: -38,576 $ETH(-$96.2M)🔴 7D NetFlow: -206,680 $ETH(-$515.41M)🔴2026-10-09 13:47 UTC
Oct 9 Update: Bitcoin ETFs: 1D NetFlow: -3,412 $BTC(-$282.91M)🔴 7D NetFlow: -6,747 $BTC(-$559.35M)🔴 Ethereum ETFs: 1D NetFlow: -38,576 $ETH(-$96.2M)🔴 7D NetFlow: -206,680 $ETH(-$515.41M)🔴2026-10-09 13:47 UTC
←CORRELATIONshares COIN
Many Ledger users who bought their devices from reseller CryptoBillis have had their funds stolen, with losses totaling nearly $90M. Stay safe!🚨 One user (TY24Ya) bought a Ledger device from CryptoBillis 3 weeks ago and deposited 7M $USDT into it. Just 10 hours ago, all 7M $U2026-10-09 15:33 UTC
Many Ledger users who bought their devices from reseller CryptoBillis have had their funds stolen, with losses totaling nearly $90M. Stay safe!🚨 One user (TY24Ya) bought a Ledger device from CryptoBillis 3 weeks ago and deposited 7M $USDT into it. Just 10 hours ago, all 7M $U2026-10-09 15:33 UTC
←CORRELATIONshares COIN
A Year On, Bitcoin Languishes a Third Below its All-Time High. What’s Next For The Cryptocurrency?2026-10-09 15:49 UTC
A Year On, Bitcoin Languishes a Third Below its All-Time High. What’s Next For The Cryptocurrency?2026-10-09 15:49 UTC
KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.