Wow, an old whale from 2015 just woke up!
Someone bought 560,000 ETH during the 2015 ETH ICO at $0.31 per ETH. They didn’t touch it for a full 4 years. A few hours ago, they suddenly transferred 133,000 ETH to a new address, worth $356 million. This is the first transfer of over $100 million in four years. At a cost of $0.31, now it’s $2670—up 8,600x.
More importantly, this wallet is linked to Ethereum co-founder Joseph Lubin. Luckily, the coins didn’t go to an exchange, so it’s not a sell-off signal for now. But when old holdings at this level start moving, you need to be careful—especially if they later transfer to an exchange.
As for Ripple: within minutes, four unlocks of 1 billion XRP each occurred, worth $1.49 billion. This is the regular operation on the 1st of every month. Don’t panic—unlocking by itself can’t crash the market. What you really need to watch is whether Ripple will sell the coins after receiving them.
Hyperliquid is under pressure. Hyperliquid Labs has to unlock $320 million worth of HYPE every month—all of it sold OTC to institutions. Retail won’t see the selling pressure, but the tokens are continuously changing hands. HyperLabs has also applied to redeem 3.75 million HYPE, expected to arrive on October 7. The bigger trouble is Robinhood: on-chain perpetuals daily volume has surpassed $1 billion. The new market will open to all users immediately, meaning Hyperliquid’s days of dominating on its own are coming to an end.
$ETH $XRP $HYPE
Someone bought 560,000 ETH during the 2015 ETH ICO at $0.31 per ETH. They didn’t touch it for a full 4 years. A few hours ago, they suddenly transferred 133,000 ETH to a new address, worth $356 million. This is the first transfer of over $100 million in four years. At a cost of $0.31, now it’s $2670—up 8,600x.
More importantly, this wallet is linked to Ethereum co-founder Joseph Lubin. Luckily, the coins didn’t go to an exchange, so it’s not a sell-off signal for now. But when old holdings at this level start moving, you need to be careful—especially if they later transfer to an exchange.
As for Ripple: within minutes, four unlocks of 1 billion XRP each occurred, worth $1.49 billion. This is the regular operation on the 1st of every month. Don’t panic—unlocking by itself can’t crash the market. What you really need to watch is whether Ripple will sell the coins after receiving them.
Hyperliquid is under pressure. Hyperliquid Labs has to unlock $320 million worth of HYPE every month—all of it sold OTC to institutions. Retail won’t see the selling pressure, but the tokens are continuously changing hands. HyperLabs has also applied to redeem 3.75 million HYPE, expected to arrive on October 7. The bigger trouble is Robinhood: on-chain perpetuals daily volume has surpassed $1 billion. The new market will open to all users immediately, meaning Hyperliquid’s days of dominating on its own are coming to an end.
$ETH $XRP $HYPE