After nearly a decade of inactivity, one of the early investors in the Ethereum project has reactivated their wallet, which held coins received during the initial coin offering (ICO) back in 2015.
This is reported by Business • Media
Transfer of 1140 ETH After Long Inactivity
The investor, who acquired 1140 ETH tokens during the ICO, conducted a transaction with this wallet for the first time in many years, transferring all accumulated coins to a new address. At the time of the initial asset offering, the value of these 1140 ETH was only $353, as the price of one Ethereum was approximately $0.31. Today, in July 2025, this amount is now worth about $2.9 million at the current exchange rate.
“The investor acquired these assets for $353, and their current value is nearly $2.9 million.”
Large Transfers Also in the Bitcoin Network
It is worth noting that amid the activation of early participants in the crypto market, another significant transaction was recorded. Another wallet that had been inactive for six years transferred 6000 BTC worth approximately $649 million. The owner of this wallet received their bitcoins on July 25, 2019, when the price of 1 BTC was $9796, and the total value of the assets was nearly $58.77 million.
Recall that a previously inactive “whale” for 14 years also transferred bitcoins worth approximately $8.7 billion, which became one of the largest such transactions in recent years.