Recently, one of the early investors in Ethereum, who participated in the ICO, transferred a significant amount of ETH to the Kraken exchange, attracting analysts' attention.
Significant ETH Transfer
According to data from the analytics firm Lookonchain, an investor who took part in the Ethereum ICO transferred 2,300 ETH to the Kraken exchange, completing a sale worth approximately $9.9 million. Following the transaction, 1,623 ETH remained at the address "0x845…a210c."
Investments in Ethereum ICO
The investor purchased 20,000 ETH during the ICO in 2014 for just $6,200. Today, the total value of these assets has reached approximately $86 million. The address has also conducted sales in the past: 250 ETH in December 2024, 1,000 ETH in February 2024, and 3,000 ETH at the end of November 2023.
Ethereum Market and Its Growth
Ethereum's price rose 1.64 percent in the last 24 hours to reach above $4,300, marking its highest level since December 2021. During the Ethereum ICO held between July 22 and September 2, 2014, more than 60 million ETH were sold at an average price of $0.31, raising $18.3 million. This investment has delivered over 12,000 percent ROI to ICO participants based on current prices.
Thus, the recent ETH transfer highlights both the profitability of early investments and the significant price growth of Ethereum in the market.
