📍 Billion-dollar wallet that cannot be opened — the ultimate tragedy of HODL
In that year, Rain Lõhmus spent 75k USD to buy 250,000 ETH in presale. Back then, ETH was nothing, and no one dared to dream of today's price. In 2025, ETH surpassed 4.7k USD, and this wallet quietly sat on the chain with a value of 1.18 billion — richer than Vitalik's wallet.
But this is an asset that no one can touch. Rain lost the private key. This means that this 1.18 billion USD is like being locked in a safe forever, with no key and no way to break in. On the blockchain, it still exists, everyone can see it, but it will never be "liquidated".
💭 The market has thousands of stories of wealth, but rarely is there a case of "richer than the founder but still poor as before" like this. That is the nature of crypto: the key is everything. And once lost, time can multiply value a thousand times, but the result remains a round number of 0. $ETH