A wallet from Ethereum's ICO days just came back to life. The address (0x2dCA) sat untouched for over a decade—holding 40,000 ETH, now worth roughly $120 million. Here's the twist: instead of cashing out after all these years, the holder chose to stake the entire position.

This isn't your typical "whale dumps on retail" scenario. Whoever controls this wallet clearly played the long game during ETH's earliest phase, and they're apparently still bullish enough to lock up their tokens for staking rewards. The move signals continued confidence in Ethereum's proof-of-stake ecosystem rather than an exit strategy.

For context, wallets like these trace back to the 2014 ICO when ETH sold for pennies. Watching one resurface—only to stake instead of sell—offers a rare glimpse into how some OG holders are positioning themselves today.