An anonymous crypto whale who participated in #Ethereum ’s Initial Coin Offering (ICO) has come out of a decade of dormancy to move some of their ETH holdings. 

The popular smart money on-chain platform Lookonchain reported the development today via on X. 

Transaction Details 

Lookonchain stated that the Ethereum ICO participant made their first transaction today after 9.4 years of inactivity. The latest transaction saw the whale move 0.01 ETH to an unknown address, “0x296…Ee557,” today at 04:40 a.m. (UTC). With ETH currently trading at $3,394 per coin, this transaction is worth $33.94 at press time. 

This marks the wallet’s first transaction since it first received 1,940 ETH coins during the Ethereum ICO in 2015. According to Lookonchain, the entire portfolio of 1,940 ETH was valued at $601 at the time. Interestingly, after a decade of holding, the value has skyrocketed to a jaw-dropping $6.56 million today. 
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