Long-dormant ETH moved on Sep 30 at a scale we haven’t seen since early June. Exchange balances hardly budged. 📊 Age consumed hit 580M token-days on Sep 30, about 9x its September weekday average and the highest since Jun 2. 🔀 Exchange supply rose ~18K ETH that day and fell ~21K the next, against roughly 5.9M held on exchanges. On Jun 2, the last bigger day, balances jumped more than 140K. 🔒 What we can’t say yet is who moved it. Past spikes this size have lined up with wallet reshuffles, not just holders cashing out. Old coins woke up. Exchange balances did not. 🔗 Explore ETH age consumed in Sanbase: https://app.santiment.net/charts/eth-age-consumed-and-exchange-supply-32181?utm_source=x&utm_medium=post&utm_campaign=ethdormant_1026&aff=33