A crypto wallet tracked by on-chain analyst Ai Yi has become active again after nearly two years of dormancy, with its ETH position now close to breakeven. Data cited by BlockBeats shows the address, 0x9BF…4564a, withdrew 4,819 ETH on Feb. 8 at an average price of about $1,941.25, worth roughly $9.35 million at the time. The transaction marked the wallet’s first on-chain activity since it went dormant in March 2024. During the holding period, the position at one point showed an unrealized loss of around $1.8 million. As ETH recovered, that paper loss narrowed sharply. About half an hour before the report, the wallet moved 1,200 ETH to Gate. If sold at the current price, the transfer would imply a loss of about $20,000. The address had built its ETH exposure at lower levels and continued to hold through an extended drawdown.
A wallet identified as 0x9BF…4564a has resurfaced after nearly two years of dormancy and is now close to breaking even on a large ETH position, according to monitoring by on-chain analyst Ai Yi cited by BlockBeats on July 22.
On-chain data shows the address withdrew 4,819 ETH on Feb. 8 at an average price of about $1,941.25, for a total value of roughly $9.35 million. It was the wallet’s first on-chain transaction since entering dormancy in March 2024.
During the holding period, the position at one point faced an unrealized loss of about $1.8 million. With ETH rebounding, the loss has narrowed significantly. About half an hour before the report, the address transferred 1,200 ETH from the holdings to Gate. If sold at the current price, the position would still be down by about $20,000.
BlockBeats said the wallet had accumulated ETH at lower levels earlier and continued holding the position despite an extended period of unrealized losses.
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