An investor in the initial stage of ether (ETH), Ethereum’s cryptocurrency, mobilized and sold 11,552 coins on March 27, 2026. This operation allowed him to secure a profit of $23.4 million after having kept those coins waiting for 12 years.
The address identified under the registration «0xd64A…7ED7» transferred a total of 18,500 ETH to another addressfrom which 11,552 ETH was effectively liquidated through multiple transactions in the open market.
These funds date back to Ethereum’s initial coin offering (ICO) in 2014. An ICO is a fundraising mechanism in which the developers of a new cryptocurrency project sell tokens to early investors to fund the development of the protocol.
At the time, The investor allocated an initial capital of just $12,000 to acquire 38,800 ETH. Under this pre-sale scheme, the price for each unit of the cryptocurrency was only $0.31.
To understand the magnitude of the revaluation, it is necessary to specify that the entire initial ETH holdings of this investor would today reach an approximate value of 76 million dollars.
The recent selling movement occurs in a complex market context, where ETH is currently trading below $2,000, experiencing a 4% drop in the last 24 hours and a decline of 8% in the last week, pressured by global macroeconomic instability and geopolitical tensions in the Middle East.
The sale by this old investor is not an isolated event, but rather a trend observed among several so-called long-term “holders.”
For example, this week, another investor who held his assets for more than a decade also liquidated positions. On March 23, a wallet that originally received 172,700 ETH ten years ago—when the price was around $12.83—sold 15,002 ETH worth $31 million, as reported by CriptoNoticias.