A long-dormant Ethereum ICO wallet has just reawakened after over ten years of inactivity. The wallet, originally funded during Ethereum’s 2015 Initial Coin Offering (ICO), recently transferred 200 ETH — currently valued at approximately $626,000. What makes this move remarkable is that the wallet’s original balance of 1,000 ETH was acquired for just $310 during the ICO.
This sudden transaction comes after a decade of no activity, sparking interest and speculation in the crypto community. With today’s Ethereum prices, the wallet’s entire holdings are now worth over $3.13 million, reflecting a 10,097x return on the initial investment.
From Pennies to Millions
Ethereum’s ICO was one of the most successful and impactful crowdfunding events in crypto history. Back then, 1 ETH was priced at roughly $0.31. Fast forward to today, and the price per ETH hovers above $3,100.
The movement of 200 ETH — likely either profit-taking, wallet reorganization, or offloading to a cold wallet — signals how long-term crypto holders, often called “diamond hands,” are now realizing incredible returns.
BIG: An Ethereum ICO wallet holding 1,000 $ETH that has been dormant for over 10 years just moved 200 ETH ($626K).
— Cointelegraph (@Cointelegraph) November 17, 2025
From a $310 investment in the ICO, it is now worth $3.13M, a 10,097x return. pic.twitter.com/55uP8qTLvc
What It Means for the Market
Such rare wallet movements often ignite discussions about market timing, long-term holding strategies, and the future of ETH. While a single transaction may not shake the market, it’s a stark reminder of the transformative potential of early crypto investments.
It also serves as a bullish signal, showing how Ethereum’s ecosystem has matured and continues to hold long-term value. Whether this wallet’s owner plans to liquidate more ETH or simply reallocate it, the crypto world will be watching closely.