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Dormant Ethereum genesis wallet moves 790 ETH worth $1.78M after 10.8 years inactive

Market News
13 May 2026
Bitcoin
View Source
Neutral
pluang ai news

An Ethereum genesis wallet holding 790 ETH, untouched since 2015, transferred $1.78 million worth of ETH to a new address after 10.8 years of inactivity. This move highlights a trend of early Ethereum ICO wallets becoming active again, with the original $244 investment growing over 7,300 times in value. The funds currently remain in the new wallet with no signs of exchange deposits or sales, suggesting possible custody updates or future activity. Similar large transfers from early Ethereum wallets have been noted recently, drawing attention to long-term holders reengaging with their assets.

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