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

▲ Ethereum (ETH)

An early investor wallet that participated in the Ethereum (ETH) presale has moved after more than 10 years of dormancy. NewsBTC, citing a transaction captured by the on-chain information platform Arkham on May 14 (local time), reported that a wallet that invested approximately $120 during the Ethereum presale in 2015 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 the partial or full liquidation of a position that had been untouched for over 10 years.

The value of the 400 ETH moved this time was presented as approximately $900,000. Based on Arkham's analysis, the return on initial investment is over 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 presale period, and the recent external movement matches the transfers mentioned in the article.

This movement comes at a time when the Ethereum market is placed under 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 the burden of April's Consumer Price Index (CPI). The explanation is that 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 a range-bound market. Volatility is compressed, and positions are awaiting the next macroeconomic catalysts. Key variables cited include slowing Producer Price Index (PPI), progress in diplomatic discussions between the US and China, and the advancement of US cryptocurrency market structure legislation.

NewsBTC reported that this transaction is a notable event for long-term Ethereum holders. The presale investor who grew $120 to approximately $900,000 moved assets at a time when Ethereum was trading sideways in a range lower than its all-time high of $4,946 recorded in August 2025. The article states that Ethereum is currently trading at approximately $2,336, staying above key support levels.

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