Dormant ICO Wallet Moves 334.7 ETH After 10 Years — Big Realized ROI, Watch for Exchange Flow
I noticed a long-dormant ICO participation address moved its entire balance of 334.7 ETH after roughly 10 years of inactivity, realizing about a 14,269× ROI.
That magnitude of profit points to an original early allocation held through many market cycles — the move likely reflects profit-taking, estate consolidation, or a strategic transfer rather than an immediate market signal.
I’ll monitor ensuing on-chain activity and any exchange deposits before treating this as a directional indicator for ETH price action.
Analysis
Recommendation
Watch this address for subsequent deposits to exchanges and broader on-chain selling patterns; avoid taking action solely on the one-off transfer.
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.