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Ether ICO-Era Whale Reawakens After 10 Years, Raking In Astonishing 787,000% Profit

  • An Ethereum user who participated in the genesis ICO 10 years ago suddenly transferred 1 ETH from a dormant wallet, reaping a profit of 787,000%.
  • The user turned a $310 investment into $2.44 million as ETH currently trades at $2,459, marking the end of a decade-long slumber for the whale.
  • Such transactions by early adopters can impact market sentiment, with speculation that the whale's transfer may signal preparation to sell holdings.
  • Another whale also moved $12 million worth of Ether to the Kraken exchange recently, while predictions suggest Solana's SOL could surpass ETH in market cap.

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