ETH Ancient Tokens’ Activity Raises Market Debate

2 mins mins

Key Points:

Analysts assess ancient ETH token activity amidst market concerns.
Potential market impact on ETH analyst insights noted.
Community debates potential activity of old ETH tokens.

On January 1st, PANews reported concerns about the indefinite lockup of early Ethereum tokens priced below $400 due to high activity near $4,000.

The situation highlights potential impacts on Ethereum’s market dynamics, suggesting a qualitative shift if these tokens remain engaged amidst ETF and DAT absorption pressures.

Ancient ETH Tokens Influence 17% of Circulating Supply

Market observers highlight ancient tokens’ significance as they represent a large portion of the circulating ETH supply. Analyst Murphy notes these tokens, priced below $400, might not impact circulation unless prices reach or exceed $4,000. Furthermore, exchange-traded funds (ETFs) and Digital Asset Trusts (DATs) reportedly absorbed 12.05 million ETH in this cycle, affecting selling pressure.

Price fluctuations remain a concern, especially as analysts note differences between ETH and BTC behavior. While ETH shows activity, many Bitcoin tokens remain lost or dormant due to higher community consensus. Ancient ETH tokens, around 20 million, contribute significantly to market dynamics at 17% of circulation.

Arthur Hayes, Co-founder, BitMEX – “Currently, there is no official news addressing the alleged activity of ancient tokens or their impact on ETH/BTC prices.”

Community reactions vary, with market participants expressing mixed responses to the analyst’s predictions. There is ongoing debate whether the integration of ETFs and DATs, coupled with increased activity, will continue to support ETH’s market stability. Immediate reactions reflect both caution and speculation regarding future trends.

Historical Trends Highlight Divergence in Token Activity

Did you know? A large portion of ancient ETH tokens, held for over five years, remain active, contrasting with Bitcoin’s dormant state, highlighting differing impacts on market dynamics.

Ethereum currently trades at $2,975.02, with a market cap of $359.07 billion, maintaining a 12.12% market dominance. Over the past 24 hours, trading volume decreased by 10.50%, yet prices rose by 7.50%. The recent 90-day trend shows a decrease of 33.36%, as per CoinMarketCap.

ethereum-daily-chart-2405 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 07:48 UTC on January 1, 2026. *Source: CoinMarketCap*

Insights from the Coincu research team suggest that regulatory scrutiny and technological advancements might influence future token behaviors. Past trends show enhanced market stability through strategic allocations and participants focusing on consumption strategies for ancient tokens.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.