After sitting completely silent for months, two wallets tied to #PanteraCapital suddenly stirred. No warning at all.
So we got the news that , 11 hours ago, they deposited 5,264 $ETH onto Coinbase, worth around $15.37 million at current market prices, with the average deposit rate $2,919. What makes it more curious is the timing. These addresses hadn’t touched the chain in nearly three months. The last time they were active, they were widely believed to be selling right near ETH’s local top, around $4,508, if you remember that phase. Before that though, rewind to April, and the same wallets were sending #ETH to exchanges closer to $1,800, when sentiment was… let’s say, much darker.
So yeah, this isn’t their first well-timed move. Whether this deposit turns into another sell or just positioning, hard to say, but when old VC wallets wake up, people notice. Even if they pretend not to.
Wallets, for those who want to track it themselves:
0xbfa50a6fC12d51E26f5C1D2F6528FA839bF21dDD
0x3971f4DEE353fFe488ff19B4ac5650F36CA4b585
Sometimes the chain whispers. Sometimes it clears its throat first.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After sitting completely silent for months, two wallets tied to #PanteraCapital suddenly stirred. No warning at all.
So we got the news that , 11 hours ago, they deposited 5,264 $ETH onto Coinbase, worth around $15.37 million at current market prices, with the average deposit rate $2,919.
What makes it more curious is the timing. These addresses hadn’t touched the chain in nearly three months. The last time they were active, they were widely believed to be selling right near ETH’s local top, around $4,508, if you remember that phase. Before that though, rewind to April, and the same wallets were sending #ETH to exchanges closer to $1,800, when sentiment was… let’s say, much darker.
So yeah, this isn’t their first well-timed move. Whether this deposit turns into another sell or just positioning, hard to say, but when old VC wallets wake up, people notice. Even if they pretend not to.
Wallets, for those who want to track it themselves:
0xbfa50a6fC12d51E26f5C1D2F6528FA839bF21dDD
0x3971f4DEE353fFe488ff19B4ac5650F36CA4b585
Sometimes the chain whispers. Sometimes it clears its throat first.