11-Year-Dormant Ethereum ICO Wallet Moves 2,000 ETH to New Address 

An early Ethereum investor has moved 2,000 ETH, worth approximately $3.79 million, to a new wallet after remaining inactive for nearly 11 years, according to blockchain data. 

The wallet, identified as “0x45BB,” received the tokens during Ethereum’s 2014 initial coin offering (ICO), when the investor is estimated to have spent just $620. At current prices, the holding has appreciated by roughly 6,113 times, underscoring the long-term returns delivered by Ethereum’s price appreciation since its launch.

The transfer comes amid renewed buying interest in the cryptocurrency market. Ethereum (ETH) was trading around $1,933, up 3.7% over the past 24 hours, as sentiment improved across major digital assets.

Source: Lookonchain