$ADA $ADA According to data tracked by Whale Alert, the long-dormant Genesis pre-mined Ethereum wallet has just awakened, moving 230 ETH for the first time in nearly a decade.

From $71 to $590,000: A Forgotten Ethereum Wallet Awakens in 2025

In July 2015, approximately 8,893 different wallets were directly credited with ETH from the Genesis block during Ethereum's official debut. These early addresses belonged to supporters, developers, and investors who backed Ethereum's initial coin offering (ICO) in 2014.

At that time, approximately 72,009,990.49948 ETH was distributed to these early users. Among the 2,546 wallets that received between 100 and 1,000 ETH, one has just reactivated after nearly 10 years, transferring 230 ETH—now valued at $590,823, compared to just $71 for which it was acquired.