Early Ethereum Adopter Rises After One Decade, His Assets Worth IDR 84 Billion
An investor who purchased 2,000 Ethereum (ETH) during the Ethereum Initial Coin Offering (ICO) in 2014 with an investment of US$620 is now active again after nearly 10 years of inactivity. With Ethereum priced at US$2,530, the value of his assets has reached US$5.2 million or equivalent to IDR 84 billion.
Data from Lookonchain shows that this wallet started moving a small portion of Ethereum before gradually sending the entire balance to a crypto platform in several large transactions.
This action occurred amid market volatility due to geopolitical tensions, but it still attracts attention because the initial investment value, which was very small, has turned into billions of rupiah.