As Ethereum reaches a new high, an Ethereum Wallet that has been dormant for 11 years woke up this morning, creating an astonishing 15,484 times return.
An address that participated in the Ethereum ICO in 2014 and had been dormant for over 10 years moved 0.01 ETH today, stirring market sentiment. (Background: Financial Times: The EU is considering running the digital euro on public chains like Ethereum and Solana, shifting towards a public and transparent ledger.) (Additional background: BTCS announced the first-ever Ethereum dividend program: shareholders can directly receive ETH.) After Fed Chairman Powell’s dovish remarks on Friday, the cryptocurrency market collectively pumped, with Ethereum (ETH) reaching a historic high of $4,887 yesterday (23rd). In this context, this morning Lookinchain reported that the address “0x7d03” invested $15.5 in the Ethereum ICO in 2014 and acquired 49.93 ETH. The address has had no activity since the Genesis Block until this morning when it transferred out 0.01 ETH for testing, possibly in preparation for a sale. Based on the current market price, 49.92 ETH is worth about $240,000, yielding a return on investment of 15,484 times. An #Ethereum ICO participant “0x7d03” transferred 0.01 $ETH for a test sale 5 hours ago after 10+ years of dormancy. He invested only $15.5 in the ICO and received 49.93 $ETH — now worth $240K, a 15,484x return! pic.twitter.com/7FRuLr87bd — Lookonchain (@lookonchain) August 24, 2025 Community response: The tug-of-war between selling and not selling In just a few hours, the post received over a hundred interactions, with some users calling this move a “smart cash-out,” while others stated: He’s just retrieving the principal he initially invested, leaving the profits for those who hold on tightly. Although he doesn’t hold much ETH, the awakening of a “sleeping wallet” is always easily magnified by the market, especially during periods of increased volatility. Currently, Bitcoin has returned to $115,000, can Ethereum continue to maintain an independent market trend? More time is needed for observation. Related reports: The Ethereum Foundation details the November “Fusaka” upgrade: introducing PeerDAS, increasing DA access by eight times Ethereum hits $4,800 again: market capitalization exceeds $580 billion, surpassing Netflix and Mastercard Fed’s Powell’s dovish remarks lead to a surge in September rate cut probabilities, Bitcoin breaks through $117,000, Ethereum approaches historic highs. <As Ethereum reaches new highs, a dormant Ethereum wallet that hasn’t moved in 11 years awakens this morning, creating an astonishing 15,484 times return.> This article was first published in BlockTempo, the most influential blockchain news media.
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As Ethereum reaches a new high, an Ethereum Wallet that has been dormant for 11 years woke up this morning, creating an astonishing 15,484 times return.
An address that participated in the Ethereum ICO in 2014 and had been dormant for over 10 years moved 0.01 ETH today, stirring market sentiment. (Background: Financial Times: The EU is considering running the digital euro on public chains like Ethereum and Solana, shifting towards a public and transparent ledger.) (Additional background: BTCS announced the first-ever Ethereum dividend program: shareholders can directly receive ETH.) After Fed Chairman Powell’s dovish remarks on Friday, the cryptocurrency market collectively pumped, with Ethereum (ETH) reaching a historic high of $4,887 yesterday (23rd). In this context, this morning Lookinchain reported that the address “0x7d03” invested $15.5 in the Ethereum ICO in 2014 and acquired 49.93 ETH. The address has had no activity since the Genesis Block until this morning when it transferred out 0.01 ETH for testing, possibly in preparation for a sale. Based on the current market price, 49.92 ETH is worth about $240,000, yielding a return on investment of 15,484 times. An #Ethereum ICO participant “0x7d03” transferred 0.01 $ETH for a test sale 5 hours ago after 10+ years of dormancy. He invested only $15.5 in the ICO and received 49.93 $ETH — now worth $240K, a 15,484x return! pic.twitter.com/7FRuLr87bd — Lookonchain (@lookonchain) August 24, 2025 Community response: The tug-of-war between selling and not selling In just a few hours, the post received over a hundred interactions, with some users calling this move a “smart cash-out,” while others stated: He’s just retrieving the principal he initially invested, leaving the profits for those who hold on tightly. Although he doesn’t hold much ETH, the awakening of a “sleeping wallet” is always easily magnified by the market, especially during periods of increased volatility. Currently, Bitcoin has returned to $115,000, can Ethereum continue to maintain an independent market trend? More time is needed for observation. Related reports: The Ethereum Foundation details the November “Fusaka” upgrade: introducing PeerDAS, increasing DA access by eight times Ethereum hits $4,800 again: market capitalization exceeds $580 billion, surpassing Netflix and Mastercard Fed’s Powell’s dovish remarks lead to a surge in September rate cut probabilities, Bitcoin breaks through $117,000, Ethereum approaches historic highs. <As Ethereum reaches new highs, a dormant Ethereum wallet that hasn’t moved in 11 years awakens this morning, creating an astonishing 15,484 times return.> This article was first published in BlockTempo, the most influential blockchain news media.