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

2025-07-23 01:20:29

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

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