A $48 Ethereum holding has become a fortune for its proprietor, who has held it for a decade. In current hours, blockchain information tracer Whale Alert reported the activation of a dormant premine handle after 10.1 years.
The proprietor of the pockets invested $48 within the Ethereum ICO manner again in 2015 and acquired 158 ETH, which is now price $693,197, marking a 14,402 occasions improve or 1,444,060% acquire.
💤 A dormant pre-mine handle containing 158 #ETH (693,197 USD) has simply been activated after 10.1 years (price 48 USD in 2015)!https://t.co/t5u4hNaVpP
— Whale Alert (@whale_alert) August 29, 2025
In keeping with different on-chain sources, the Ethereum ICO participant transferred 0.001 ETH out to a brand new pockets for testing functions after greater than a decade of dormancy.
At its ICO, Ethereum’s worth was about $0.31, as buyers have been capable of purchase 2,000 ETH for BTC. The ETH worth barely elevated in the course of the ICO occasion, later going for 1,337 ETH to 1 BTC.
Quick ahead to the current, and Ethereum has skilled meteoric progress, just lately hitting an all-time excessive of $4,955 (on Aug. 23).
Ethereum sees elevated demand
At press time, ETH was buying and selling at $4,346, because the second-largest cryptocurrency advantages from renewed demand.
Ethereum has elevated 70% on a yearly foundation as accumulation from ETH Targeted treasury companies has boosted its momentum to this point this 12 months.
As validation for the current Ethereum accumulation by companies, VanEck CEO Jan van Eck referred to Ethereum as “Wall road token,” prompted by the necessity for blockchain rails by banks and monetary companies adopting stablecoins.
In keeping with Maartunn, a neighborhood analyst at CryptoQuant, within the final 30 days, U.S. Bitcoin ETFs noticed a damaging netflow of $920 million, whereas Ethereum ETFs recorded a optimistic netflow of $4.08 billion, hinting at investor rotation in Ethereum’s favor.
