Ethereum ICO wallet dormant for 10 years awakens; 2,000 ETH worth $5.96 million overnight

2026-01-12 08:46:07

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On December 20th, on-chain tracking organization Lookonchain captured a notable transaction—a long-dormant early Ethereum ICO wallet (0xbDb6) suddenly woke up and transferred all 2,000 ETH to a new address.

This transfer hides one of the most iconic investment returns in Ethereum’s development history. According to on-chain data, the wallet holder participated in the early financing during the ICO with only $620, earning a massive stake of 2,000 ETH. Over more than ten years, the value of this investment has skyrocketed to $5.96 million, with a total return of 9,616 times.

Based on the latest market prices, with ETH currently trading at $3.12K, these 2,000 ETH still hold significant appreciation potential. Large transfers after years of dormancy often shake the market nerves and once again remind investors of the wealth returns gained by early ecosystem participants.

BlockBeats continues to monitor large on-chain movements. Similar relics from the ICO era surface from time to time, becoming hot topics in market discussions—symbolizing long-term value recognition of the Ethereum ecosystem and reflecting the volatility and opportunities in the crypto asset market.

ETH1,55%

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