A $48 Ethereum holding has changed into a fortune for its proprietor, who has held it for a decade. In current hours, blockchain information tracer Whale Alert reported the activation of a dormant premine deal with after 10.1 years.
The proprietor of the pockets invested $48 within the Ethereum ICO manner again in 2015 and obtained 158 ETH, which is now value $693,197, marking a 14,402 occasions enhance or 1,444,060% acquire.
💤 A dormant pre-mine deal with containing 158 #ETH (693,197 USD) has simply been activated after 10.1 years (value 48 USD in 2015)!https://t.co/t5u4hNaVpP
— Whale Alert (@whale_alert) August 29, 2025
In response to different on-chain sources, the Ethereum ICO participant transferred 0.001 ETH out to a brand new pockets for testing functions after greater than a decade of dormancy.
At its ICO, Ethereum’s value was about $0.31, as buyers had been in a position to purchase 2,000 ETH for BTC. The ETH value barely elevated throughout the ICO occasion, later going for 1,337 ETH to 1 BTC.
Quick ahead to the current, and Ethereum has skilled meteoric progress, just lately hitting an all-time excessive of $4,955 (on Aug. 23).
Ethereum sees elevated demand
At press time, ETH was buying and selling at $4,346, because the second-largest cryptocurrency advantages from renewed demand.
Ethereum has elevated 70% on a yearly foundation as accumulation from ETH Centered treasury companies has boosted its momentum up to now this yr.
As validation for the current Ethereum accumulation by companies, VanEck CEO Jan van Eck referred to Ethereum as “Wall road token,” prompted by the necessity for blockchain rails by banks and monetary companies adopting stablecoins.
In response to Maartunn, a group analyst at CryptoQuant, within the final 30 days, U.S. Bitcoin ETFs noticed a destructive netflow of $920 million, whereas Ethereum ETFs recorded a constructive netflow of $4.08 billion, hinting at investor rotation in Ethereum’s favor.
