According to Lookonchain data, wallet “0x61b9”, which participated in Ethereum’s (ETH) initial coin offering (ICO) and has not made any activity for a long time, transferred 334.7 ETH (about $1.48 million) to another wallet today.
The investor in question had invested just $104 during the 2014 ICO, earning 334.7 ETH. Ten years later, the value of these assets has reached $1.48 million, a 14,269-fold return.
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Meanwhile, spot Bitcoin and Ethereum ETFs in the US also saw notable developments. Last week, Ethereum ETFs saw their highest weekly inflows and trading volume in history. The total trading volume of Ethereum ETFs reached $18.2 billion, approaching the $21.2 billion volume of Bitcoin ETFs.
As of Friday, US-based spot Bitcoin ETFs had experienced a total net outflow of $14.13 million, ending a seven-day inflow streak. However, BlackRock’s flagship spot Bitcoin ETF, IBIT, saw net inflows of $114.4 million alone. Grayscale’s GBTC saw $81.8 million in outflows, while Ark & 21Shares’ ARKB saw $46.7 million in outflows.
*This is not investment advice.