Ethereum ICO Participant Transfers 800 ETH to Kraken After 4 Years, Realizing $13.36 Million Profit

Main Idea
An Ethereum ICO participant transferred 800 ETH to Kraken after four years, achieving a 4,803% ROI, highlighting the long-term profitability potential of Ethereum.
Key Points
1. An Ethereum ICO participant transferred 800 ETH to Kraken after four years of dormancy.
2. The participant initially acquired ETH worth $8,950 during the ICO phase at approximately $2,783 per ETH.
3. The transaction resulted in a return on investment (ROI) of 4,803%, with a total profit exceeding $13 million.
4. This activity underscores the enduring value and long-term profitability potential within the Ethereum ecosystem.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 23,
$ETH
$3619.98
-0.80%
Latest News
- 620,000 ETH Unstaking Event Triggers Surge in Aave Borrowing Interest Rates2025-07-23 13:33:36
- Ethereum Institutional Interest Could Drive Sustained Demand Amid Supply Constraints and Market Evolution2025-07-23 13:32:02
- Goldman Sachs Explores Tokenized Money Market Funds for Institutional Investors Amid Blockchain Market Shift2025-07-23 13:17:15
- ETH Unstaking Surge and stETH De-Leveraging Trigger Market Strain and Lending Rate Spike2025-07-23 13:12:45
- USELESS Nears All-Time High Amid Potential Breakout, While REKT Shows Momentum With Key Resistance Ahead2025-07-23 12:58:59