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An early Ethereum investor moved 334.7 ETH for the first time after more than a decade of silence, equivalent to about $1.50 million

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2025-08-18 05:10:48
On-chain data shows that an early Ethereum investor moved 334.7 ETH worth nearly $1.50 million for the first time after more than a decade of silence.
The money, originally discovered by Lookonchain, was purchased for just $104 during the 2014 Ethereum initial coin offering (ICO). Before transferring most of the money, the investor made a small test transfer to a new wallet with no historical activity.
If realized at the current market price, this transfer represents a return of 14,000 times. This original wallet has not had any activity since the ICO. Ethereum's ICO raised a total of $18 million and went live in July 2015.
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