Ethereum Wallet From Presale Era Moves $4.2M After 6,800x Gain

A long-inactive crypto wallet identified as 0x158 has recently become active again after more than 10 years of dormancy.

The wallet originally acquired 2,000 ETH during Ethereum’s early presale phase, when the price was around $0.31 per coin—bringing the total investment to approximately $620.

After remaining untouched for over a decade, the funds were transferred just minutes ago. Since that initial purchase, Ethereum’s price has increased by about 6,800 times, bringing the current value of the holdings to approximately $4.2 million.

Source: Arkham