PANews reported on November 7 that according to the monitoring of on-chain analyst Ember, today, the price of Ethereum (ETH) rose by 12%, and a wallet address that had been dormant for more than eight years became active. The address bought 11,004.9 ETH at a price of $3.45 per ETH in the early stage. The holder of this wallet chose to sell on the chain when the price of Ethereum rose to $2,736. In just one and a half hours, this address has sold 5,485 ETH in exchange for 15 million USDC stablecoins.