comment

Dormant ICO Wallet Moves 334.7 ETH After 10 Years — 14,269× Return

I note that an Ethereum ICO participant (address 0x61b9) moved all 334.7 ETH after roughly 10 years of dormancy, turning an initial ~$104 stake into about $1.48M — a reported 14,269× return.

This is a striking example of early crypto upside, but it's a single-address anecdote and not a representative signal for future returns. The transfer likely reflects profit-taking by a long-term holder and has limited market impact at this size.

Source available for registered users Sign Up Free

Analysis

The move highlights extreme survivorship bias in crypto: early entrants sometimes realize outsized gains, but one wallet's cash-out doesn't change ETH's fundamentals. $1.48M is small relative to ETH l...

Recommendation

I would treat this as an interesting data point rather than a buy signal. Monitor on-chain flows and macro conditions, keep diversified exposure, and use risk controls — do not assume similar returns ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: