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Early Ethereum buyer sells 3,000 ETH for $7.23M, a 128x return after 9 years.

Market News
23 Oct 2026
Bitcoin
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Neutral
Early Ethereum buyer sells 3,000 ETH for $7.23M, a 128x return after 9 years.

An early Ethereum investor who bought 3,000 ETH at $18.83 each about nine years ago has sold all of it for approximately $7.23 million, realizing a 128x return. This sale follows a similar recent exit of 3,000 ETH from a related wallet, totaling about $15.85 million in profits since September 2025. The timing coincides with a market environment where large capital is withdrawing from ether, including outflows from ether ETFs and limits on corporate buying. Despite this, a record amount of ETH is staked, reducing available supply and potentially balancing the market impact of such large sales.

The story of an early Ethereum investor cashing out $7.23 million follows a market snapshot from Pluang as of Oct 23, 2026 19:01 WIB. For readers following major cryptocurrencies, 26 of 50 priced assets rose today while 23 fell. Notable movers include ATOM at Rp31.893 with a 3.20% gain and a Pluang order activity skewed 90% Sell / 10% Buy, FIL at Rp17.709 down 3.03% with 24% Sell / 76% Buy, and SAND at Rp949 down 2.93% with 28% Sell / 72% Buy. Typical hold times range from 61 to 124 days across these assets.

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