Ethereum Whale Sells $7.23 Million Stake

Early Ether Investor Realizes Massive Profit on 3,000 ETH Sale

An early adopter of Ether, who purchased 3,000 ETH for a mere $18.83 per coin nine years ago, has recently sold the holdings for approximately $7.23 million, marking a staggering 128-fold return on investment.

The remarkable profitability of this transaction is highlighted by on-chain data. According to information from the wallet’s Arkham explorer page, the 3,000 ETH were initially transferred from a Gemini hot wallet roughly nine years ago.