- Ethereum (ETH) ICO price was $0.31 when the address received coins on 30 July 2015.
- The addresses’ wealth has jumped from $733 to over $4.4 million at the time of the single transaction on 23 April 2023.
- Last week a Satoshi era wallet woke up after over 10 years.
An Ethereum wallet that participated in the coin’s initial coin offering (ICO) has transacted for the first time, on-chain data shows.
The address received 2,365 ETH on 30 July 2015 and remained dormant until Sunday, 23 April 2023 when it transferred 1 ETH. The address received the ETH at block 0 and transferred the single ETH at prices of $1,868 at block 17110898.
With the ICO price having been $0.31 in 2015, the wallet‘s wealth has grown from around $733 to over $4.4 million.
“An Ethereum ICO participant woke up after 7.7 years of dormancy and transferred 1 $ETH to a new address. He received 2,365 $ETH ($4.42M currently) at Ethereum Genesis, the ETH ICO price [was] ~$0.31,” on-chain data tracker Lookonchain tweeted.
An Ethereum ICO participant woke up after 7.7 years of dormancy and transferred 1 $ETH to a new address.
— Lookonchain (@lookonchain) April 24, 2023
Ethereum price traded at an all-time above $4,800 in 2021 and hit year-to-date highs above $2,100 this month after the Shapella upgrade.
Bitcoin wallet woke up after 10 years
Last week another mega-dormant wallet address woke up, this time a Satoshi era Bitcoin wallet address that remained inactive for over 10 years.
Bitcoin price at the time of the wallet’s creation 10+years ago was between $12 and $95.