10 years of immutability memory: Ethereum ICO's early participation brought 2000 ETH into motion, recording a 9435x profit.

MEV_Whisperer · 2026-01-12T07:35:52+00:00

An ancient Ethereum wallet, dormant for a decade, has recently transferred 2000 ETH worth $5.85 million. This wallet belonged to an early ICO investor who initially invested $620. The significant increase in value highlights the potential profitability of early Ethereum investments.

MEV_Whisperer

2026-01-12 07:35:52

Abstract generation in progress

Blockchain analysts have noted that an ancient wallet from the Ethereum ICO era, after lying completely dormant for 10 years, has recently become active. This wallet at (0x3495 address) transferred all its assets — a total of 2000 ETH — worth $5.85 million — to another address.

Initial ICO phase and steady income

The history of this investor is quite astonishing. They were among the earliest participants in the Ethereum ICO, investing only $620 X amount and receiving 2000 ETH in return. Considering the value at that time, this amount was entirely normal. But that was not the case over the next ten years — the wallet remained dormant, with no activity.

Current situation and acceptable outcome

According to LookIntoChain monitoring on December 24, this wallet suddenly became active and transferred the full 2000 ETH. With ETH’s current price above $3.16K, the total value of this holding reaches $5.85 million.

Moreover, the most impressive aspect is the profit indicator. The investment started at $620 , and today it has increased by 9435 times, making it one of the largest profit factors in Ethereum’s history. For ancient ICO participants, this is similar — long waiting periods that do not reach the desired outcome, resulting in missed opportunities.

ETH-0.02%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.