Dormant Ethereum ICO Wallet Moves 334.7 ETH After 10 Years — Monitor for Exchange Outflow

I noticed an Ethereum ICO participation address moved all 334.7 ETH after ten years of dormancy, implying an extraordinary 14,269× return on the original stake.

I view this as a likely long-term holder finally realizing gains; the market impact depends entirely on the on-chain destination. If the funds head to a major exchange, I’d expect short-term selling pressure; if they move to a cold wallet or self-custody, it’s probably just cashing out privately.

I’m watching the wallet trail — this is notable history but not necessarily a market-moving event unless followed by exchange inflows.