An Ethereum OG Who Bought at $18 Just Cashed Out $7.23 Million
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5 Articles
Early Ethereum Whales Transfer Millions To Centralized Exchanges For Profit Taking
Several Ethereum whales who accumulated ETH during the project’s early years are selling their holdings or transferring them to centralized exchanges after holding them for nearly a decade. These transactions involve positions acquired at prices far below current levels. According to data from Lookonchain, an early Ethereum investor sold 3,000 ETH for more than $7.2 ...
An Ethereum OG Who Bought at $18 Just Cashed out $7.23 Million
An early ether buyer who paid just $18.83 per coin nine years ago has sold 3,000 ETH worth about $7.23 million, a 128x return. The Trail The math on this trade seems almost absurd, with onchain data from the wallet’s Arkham explorer page showing 3,000 ETH leaving a Gemini hot wallet roughly nine years ago, […]
An early adopter of Ethereum (ETH) sold 3,000 tokens for $7.2 million, yielding a 128x return on their nine-year position. Ten-year wallets continue to flow into exchanges in October.
Lookonchain reported that an investor who sold 3,000 ETH that he bought approximately nine years ago achieved a 128x return. The investor, whom Lookonchain identifies as the "Ethereum OG," sold the 3,000 ETH on October 23, 2026. According to the post, the purchase... Ethereum Investor Sells 3,000 ETH He Bought Nine Years Ago...
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