According to LookIntoChain monitoring, whale address 0x67f7 has reactivated after four years of dormancy, transferring 47,507 ETH (approximately $2.07 billion) into 4 new wallets, signaling a significant on-chain reallocation by a long-idle holder.
Blockchain records show the address originally received 123,687 ETH from Bitfinex six years ago, an inflow valued at about $19.04 million at the time; that original position is reported as currently valued near $540 million according to the same monitoring source.
The report also notes a separate deposit of 2,900 ETH into Tornado.Cash, a cryptocurrency privacy-mixing protocol. Market participants and on-chain analysts are expected to further track these transactions for compliance and liquidity implications.