According to data provided by Lookonchain, whales in the first coin product (ICO) era have recently woken up from hibernation after a decade of inactivity.
The whale in question secured a profit of 787,000%, turning $310 into a whopping $2.44 million.
The long-term address finally came true on Sunday with a relatively small transfer of 1 ETH.
According to Coingecko data, Ethereum (ETH) is currently changing its hands at $107,490. Cryptocurrency has declined by 1% over the past 24 hours.
In the meantime, as reported by U.Today, Ethereum accumulation reached a new high in the current cycle.
