July 22, according to Ai Yi monitoring, address 0x9BF…4564a reactivated after nearly two years of dormancy and has accumulated a large amount of ETH; its holdings are now close to breaking even.

Data shows that on February 8, the address withdrew 4,819 ETH at a price of about $1,941.25 per ETH, worth approximately $9.35 million. This was the first on-chain activity by the address since it entered dormancy in March 2024.

During the holding period, the address once faced an unrealized loss of around $1.8 million. As the ETH price has rebounded, the loss on this position has narrowed significantly. Half an hour ago, the address transferred 1,200 ETH to Gate; if sold at the current price, the expected loss is about $20k.

The address previously built a position in ETH at a low level and, despite years of floating losses, has held it until now.