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Reading: $279 Turns Into $2.2M: Ancient ETH Wallet Suddenly Awakens
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Ethereum

$279 Turns Into $2.2M: Ancient ETH Wallet Suddenly Awakens

Last updated: July 8, 2025 3:14 am
Published: 10 months ago
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An ancient Ethereum (ETH) dating back to the ICO era wallet has moved 900 ETH

A dormant Ethereum address that had not made any transactions in nearly a decade (9.9 years) was just activated.

The address held 900 ETH, which was worth only $279 total in 2015. Back then, ETH traded for mere cents. Now, it is worth over $2.27 million.

The address is a pre-mine wallet, meaning it was created around the time of the token’s initial distribution.

ETH is currently changing hands at $2,541, according to CoinGecko data.

In the meantime, the US government recently deposited $218,000 worth of ETH to Coinbase.

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