-
Back to menu
Prices
-
Back to menu
-
Back to menu
Indices -
Back to menu
Research
-
Back to menu
Events -
Back to menu
Sponsored
-
Back to menu
Videos -
Back to menu
-
Back to menu
-
Back to menu
Webinars
Select Language
The investor, who originally acquired 1 million ETH during the 2014 ICO for $310,000, still holds 105,000 ETH valued at $451 million in two wallets.
By Shaurya Malwa|Edited by Oliver Knight
Updated Sep 5, 2025, 3:49 p.m. Published Sep 5, 2025, 3:49 p.m.
- An early Ethereum investor has made one of the largest recent staking deposits, moving 150,000 ETH worth $646 million into a staking address.
- The investor, who originally acquired 1 million ETH during the 2014 ICO for $310,000, still holds 105,000 ETH valued at $451 million in two wallets.
- This movement is part of a trend of ICO whales resurfacing, with traders noting the impact of long-dormant supply entering circulation, although the funds were staked rather than sold.
An early ether ETH investor just rejoined the market’s economic layer with one of the largest staking deposits in recent memory.
On-chain data flagged 150,000 ETH, worth about $646 million, moving from three wallets tied to Ethereum’s 2014 initial coin offering into a staking address on Thursday evening.
STORY CONTINUES BELOW
The wallets had been inactive since February 2022, when they processed non-ETH transactions.
The investor originally received 1 million ETH during the ICO for a $310,000 outlay — effectively buying ether at $0.31. That position is now valued near $4.3 billion, according to Lookonchain data.
Even after this week’s movement, two wallets still hold another 105,000 ETH, worth $451 million.
It’s the latest in a string of resurfacing ICO whales. Last month, one participant transferred $19 million in ETH to Kraken, while another moved 2,300 ETH to the exchange.
Traders view such transactions as signals of long-dormant supply entering circulation, though in this case the funds were staked rather than sold.
Ethereum’s staking layer has swelled past 33 million ETH this year, with older investors increasingly participating as yields stabilize and the network’s proof-of-stake model matures.
More For You
By CD Analytics, Oliver Knight
16 minutes ago
Stellar’s explosive volume spikes and resistance breakthrough signal heightened volatility amid growing institutional interest.
What to know:
- XLM broke above $0.36 resistance on surging volumes, touching $0.37 before retreating to close at $0.36.
- Institutional appeal grows as Stellar’s 288% annual gains and Protocol 23 upgrades bolster its role in cross-border payments.
- Volatility underscores risks, with PayFi rivals intensifying competition even as elevated trading activity points to strong market engagement.
