Early Ethereum Wallet Dormant for 10 Years Ends Hibernation..."7,500x Profit Jackpot from $120"

▲ Ethereum (ETH)

An early investor's wallet that participated in the Ethereum (ETH) pre-sale has become active after more than 10 years of dormancy. NewsBTC reported on May 14 (local time), citing a transaction detected by the on-chain information platform Arkham, that a wallet which invested approximately $120 during the 2015 Ethereum pre-sale moved 400 ETH.

According to Arkham, the wallet sent 50 ETH to a new address and directly deposited 350 ETH to the cryptocurrency exchange Bitstamp. NewsBTC stated that this movement is a transaction consistent with a partial or full liquidation of a position that had remained untouched for over a decade.

The value of the 400 ETH moved this time was estimated at approximately $900,000. Based on Arkham's analysis, the return on investment from the initial capital is more than 7,500 times. NewsBTC introduced this transaction as an example of what early participation can achieve through long-term holding.

The wallet address is reportedly publicly verifiable on the Arkham blockchain information platform. The transaction history shows that the Ethereum holdings originated from the pre-sale period, and the recent external movement matches the transfers mentioned in the article.

This movement occurred at a time when the Ethereum market is in a state of cautious optimism. NewsBTC cited a market update from QCP Capital, stating that Bitcoin (BTC) is trading sideways around $80,000 and has not lost the $80,000 mark despite ETF outflows and April's Consumer Price Index (CPI) concerns. It explained that just as Bitcoin and Ethereum move closely as risk assets, Bitcoin's stability has also provided a floor for Ethereum.

QCP Capital assessed the current market environment as trading within a limited range. Volatility is compressed, and positions are awaiting the next macroeconomic catalyst. Key variables cited include a slowdown in the Producer Price Index (PPI), progress in diplomatic discussions between the US and China, and the advancement of cryptocurrency market structure legislation in the US.

NewsBTC reported that this transaction is a notable event for long-term Ethereum holders. The pre-sale investor, who grew $120 into approximately $900,000, moved assets at a time when Ethereum was trading sideways below its all-time high of $4,946 recorded in August 2025. Currently, Ethereum is trading at approximately $2,336 and remains above key support levels, according to the article.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*