Ethereum ICO Wallet Reactivates After Decade, Potentially Unlocking 10,684x Return on $263 Investment

Ethereum

Ethereum ICO Wallet Reactivates After Decade, Potentially Unlocking 10,684x Return on $263 Investment

A dormant Ethereum ICO wallet holding 850 ETH, worth $2.82 million, reactivated after over 10 years, transferring funds to Coinbase and realizing a massive 10,684x return on the original $263.50 investment from 2015.

• Dormant Ethereum ICO wallet activates after decade-long inactivity, moving 850 ETH valued at $2.82 million.
• The early investors initial $263.50 stake in the 2015 ICO has grown into a 10,684x return as funds head to Coinbase.
• This event aligns with a broader trend of ICO-era wallets reemerging, including recent stakes of up to 150,000 ETH by other holders.

What Is the Story Behind the Dormant Ethereum ICO Wallet Reactivating After 10 Years？

Dormant Ethereum ICO wallet 0x782F, which acquired 850 ETH during the 2015 initial coin offering for $263.50, has sprung back to life after more than a decade of inactivity. The holder initiated transfers to Coinbase, starting with a 1 ETH test and followed by batches totaling over 130 ETH, leaving 653 ETH in the address. This move highlights the enduring value of early Ethereum investments amid current market conditions.

How Does This Ethereum ICO Wallets Return Compare to Historical Trends？

The wallet‘s 10,684x return stems from Ethereum’s price appreciation from $0.31 per ETH in 2015 to approximately $3,330 today. Blockchain data from trackers like Lookonchain indicate that at the ICO price, $263.50 bought the full 850 ETH allocation. Over the past decade, similar early investments have compounded dramatically, with Ethereum‘s network upgrades and adoption driving sustained growth. Experts note that such reactivations often signal strategic portfolio adjustments by long-term holders, reflecting Ethereum’s maturation as a leading blockchain platform. Recent on-chain analytics show ETHs market cap exceeding $400 billion, underscoring the assets resilience despite volatility.