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Ethereum ICO Wallet Reactivates After 10 Years, Moves 850 ETH to Coinbase

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Ethereum news broke as a long-dormant ICO wallet moved 850 ETH to Coinbase. The wallet, inactive for over 10 years, originally received the ETH in 2015 for $263.50. The holder first sent 1 ETH as a test, then moved over 130 ETH, leaving 653 ETH behind. The transfer is valued at $2.82 million, a 10,684x return. ETH news highlights a broader trend, with other ICO-era wallets also waking up, some holding over 150,000 ETH.
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