According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade. From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025 Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis […]According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade. From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025 Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis […]

Ethereum ICO Time Capsule Cracks Open: Dormant Wallet Awakens After Nearly 10 Years

According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade.

From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025

Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis block during Ethereum’s official debut. These early addresses belonged to supporters, developers, and investors who backed the ether initial coin offering (ICO) in 2014.

At the time, about 72,009,990.49948 ETH was distributed to these early adopters. Among the 2,546 wallets that received between 100 and 1,000 ETH, one just reactivated after nearly 10 years, transferring 230 ETH—now valued at $590,823, compared to the mere $71 it was worth at acquisition.

During the ICO window from July 22 to Sept. 2, 2014, the pre-mined ether was sold in exchange for bitcoin ( BTC). Estimates suggest the Ethereum team brought in between 31,000 and 31,500 BTC from the ICO. While it’s common to see dormant bitcoins from 2011 to 2017 reawaken, Genesis-era ethereum wallets rarely come online as much.

In fact, these ancient ETH awakenings are more in line with bitcoin wallets from 2010 in terms of rarity—though even those pale next to the near-mythical reactivations of 2009 BTC addresses. Before today’s 230 ETH transfer, the most recent slumbering pre-mine ethereum address to stir was on May 24, when its owner shifted 2,153 ETH valued at $5.43 million. Back in 2015, that stash was worth a humble $667.

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2 630,96
$2 630,96$2 630,96
-3,60%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

In ‘Running With Scissors,’ Cavetown learns to accept that risk is in everything

In ‘Running With Scissors,’ Cavetown learns to accept that risk is in everything

The indie artist's latest record sees him go against the current and trust that he can pick himself back up if he falls
Share
Rappler2026/01/31 14:00
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08
What is the #1 most profitable business? A practical look at passive income business ideas

What is the #1 most profitable business? A practical look at passive income business ideas

Passive income business ideas are often presented as simple paths to ongoing revenue, but the reality is more nuanced. This article helps you cut through the headlines
Share
Coinstats2026/01/31 13:43