An early Ethereum participant has transferred 800 ETH to cryptocurrency exchange Kraken following four years of wallet inactivity, concluding a dormant period initiated during Ethereum’s initial coin offering (ICO). The investor originally acquired the ETH tokens for approximately $2,783 per coin, amounting to a total investment of $8,950 during blockchain’s fundraising phase.
This transaction yielded a staggering 4,803% return on investment, generating profits exceeding $13 million solely from Ethereum appreciation. The event underscores remarkable long-term profitability potential within the Ethereum ecosystem, emphasizing how strategic early commitments to foundational blockchain projects can yield transformative financial outcomes.