Ethereum Whale Transfers 2,000 ETH After Decade-Long Hold

• An address beginning with 0x158 moved nearly 2,000 ETH after more than 10 years.
• Arkham data showed the ETH was bought during Ethereum’s 2014 presale at about $0.31 per coin.
• Ethereum’s 2014 token sale ran from July 22 to September 2, with ETH priced around $0.31.

A long-dormant Ethereum presale wallet moved nearly 2,000 ETH after holding the coins for more than a decade, turning one of Ethereum’s earliest purchases into a multimillion-dollar position.

Arkham monitoring showed that the address, starting with 0x158, bought the ETH during the 2014 Ethereum presale at about $0.31 per token. At current prices, the transfer was worth around $4.2 million, compared with an original cost of roughly $620.

Presale Wallet Moves After 10 Years

Data showed the old wallet moved 1,998 ETH to another address, followed by two smaller 1 ETH transfers. The larger transfer…

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