One of the early investors in Ethereum made a transfer of assets worth nearly $1.5 million after more than a decade of inactivity in their wallet. According to on-chain analytics, the wallet owner received 334.7 ETH during the initial coin offering (ICO) of Ethereum, investing only $104.
This is reported by Business • Media
Transaction Details and Investment Profitability
Before the main transfer of funds, the investor first conducted a test transaction, which has become a typical practice to verify the wallet’s functionality after a long period of inactivity. According to blockchain data, at the time of the transfer, the value of 334.7 ETH was approximately $1.48 million, providing a profitability of 14,269 times compared to the initial investment.
“During the Ethereum ICO, the investor invested only $104 in the asset, for which they received 334.7 ETH. According to Lookonchain’s calculations, selling the coins at the current rate would have provided the investor with a profitability of 14,269 times the amount of the initial deposit.”
Current Ethereum Rate and Previous Cases
As of August 2025, the price of Ethereum is hovering around $4500 per coin. 
ETH/USDT chart on Binance. Data: TradingView.
This is not the first instance of long-term Ethereum investors resuming activity after a prolonged absence of transactions. Previously, another ICO participant activated their wallet for the first time in nearly 10 years, indicating a sustained interest in long-term investments in cryptocurrencies.