Ethereum ICO wallet dormant for 10 years awakens: $620 turns into $5.96 million, the story behind a 9,616x return

2025-12-20 02:50:11

【ChainWen】Another big fish has surfaced. A wallet belonging to an early Ethereum investor suddenly moved after sleeping for over a decade — this time transferring all 2000 ETH to a new address.

The numbers are quite astonishing. Back then, they participated in the Ethereum ICO with only $620, and now they hold 2000 ETH. Valued today? $5.96 million. Nearly a ten-thousand-fold increase.

Such stories sound like a fairy tale, but this is the reality for early participants. Those who held on through the early days when Ethereum was not yet favored have witnessed the entire journey from speculation to mainstream acceptance. An almost-forgotten wallet suddenly becomes active, possibly because an investor decided to close a long-term position — or maybe just waiting for a key market moment.

In any case, this transfer once again reminds the market: the secret to wealth in crypto has always been “early enough + long enough.”

ETH0.38%

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