🚀🚀The Name That Invested in Ethereum ICO Woke Up After Waiting Nine Years 🚀🚀

According to a report by crypto analysis platform Lookonchain, an Ethereum$ETH

(ETH) ICO participant who had been inactive for over 9 years has become active again.

This investor deposited 5 ETH worth approximately $ 13,300 to the Kraken exchange. The participant in question purchased 2,000 ETH during the initial coin offering (ICO) held in 2014. Since only $ 620 was paid at that time, these ETHs have reached approximately $ 5.34 million today.

The Ethereum team launched the ICO in Switzerland in 2014 and sold more than 7 million ETH in the first 12 hours. This shows that the project has attracted great interest.

Will other investors take action?

This investment made in Ethereum's Genesis phase shows that long-term investors' patience has paid off. This first move since the ICO is being watched carefully in the crypto market. Because the entry of a large amount of ETH into the stock market can usually cause concerns about creating selling pressure.

The revival of such large investments can have short-term effects on the market, and it is important for investors to follow these developments carefully. In addition, the activation of this wallet can trigger movement among other long-term investors.

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