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The Ethereum whale that has been dormant for ten years awakens: the coin bought for $12,000 back then is now worth $120 million.
[Chain News] An Ethereum address that has been dormant for a full ten years suddenly became active.
The owner of this wallet participated in the ETH ICO in 2015, spending $12,440 to buy 40,000 Ethereum, with a cost price of only $0.311 per coin. After that, this Address vanished as if it had evaporated, and has never moved again.
Just 20 minutes ago, this address finally woke up - cautiously transferring out 5 Ether to test it, worth about $15,000. And the current market value of those 40,000 Ether has skyrocketed to $120 million, nearly a ten thousand times increase over ten years.
I don't know if this old player intends to cash out or is just switching wallets to continue lying flat. But the actions of such early participants really make people unable to help but take a second look—after all, those who can hold on for ten years without moving are truly not of ordinary steadiness.