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Ethereum OG Sitting On 630,000% Gain Wakes Up After 10 Years

On-chain data reveals a long-dormant Ethereum wallet from 2015, containing 2,000 ETH, has been reactivated after 10.8 years. Classified as a "pre-mine address," it belonged to an early participant from Ethereum's 2014 presale. The wallet's initial $620 investment, untouched for over a decade, is now worth over $4.2 million—a gain of nearly 630,000%. The activity began with a small test transfer of 1 ETH, followed by a near-complete movement of the remaining 1,997.9 ETH. While the funds have not been sent to a centralized exchange, the sudden activity suggests the owner may have recently regained access to lost or forgotten keys.

bitcoinist05/27 10:02