Early Ethereum ICO Investors Sell Small ETH Stakes at ~15K× ROI
Two early Ethereum ICO wallets have awakened after more than a decade. The first, address 0x61b9, moved 334.7 ETH—bought for just $104 in 2014—now worth about $1.48 million, delivering a 14,269× ETH ROI. Shortly after, address 0x7d03 sold 0.01 ETH from an initial $15.5 investment, yielding a 15,484× ROI on 49.93 ETH, valued at approximately $240,000. Both on-chain transfers underscore the long-term value unlocked by the Ethereum ICO. Although the profits are massive, these small trades represent a tiny fraction of daily ETH trading volumes. Traders should watch for similar dormant wallet movements, but at this scale market depth and price stability remain largely unaffected.
Neutral
These small ETH transfers from long-dormant ICO wallets demonstrate significant profit-taking by early investors but involve minimal volumes relative to daily ETH liquidity. In the short term, such transactions are unlikely to move market price or depth, rendering the immediate impact neutral. Over the long term, they underline the value of holding since the Ethereum ICO and may prompt traders to monitor dormant wallets. However, unless larger positions are liquidated, market stability and price trends should remain largely unaffected.