An inactive Ethereum ICO whale has just executed a significant transfer, moving nearly $1.19 billion in ETH to a new wallet. The massive transaction has ignited speculation within the crypto community, with analysts attributing the move to potential institutional investment strategies and growing confidence in the Ethereum ecosystem. 40,000 ETH was transferred on November 30th from a dormant address that had been inactive for over a decade by Bitmine institution. This large-scale transfer highlights strong investor sentiment and suggests a strategic approach within the market, particularly as stable trading volume and rising prices above $3,000 continue to attract institutional interest.