Ethereum ICO Pioneer Deposits 1,500 ETH to Kraken, Turning 20,000 ETH into $80M with 12,914x ROI
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
According to COINOTAG News and on-chain tracking by OnchainLens, an early Ethereum ICO participant transferred 1,500 ETH to Kraken, a move valued at roughly $6.02 million. The action highlights persistent liquidity dynamics among historic ETH holders amid current market conditions.
This same investor reportedly assembled a 20,000 ETH stake during the ICO era at about $6,220, now approaching $80.3 million, equating to an estimated ROI of around 12,914x. The on-chain address cited is 0x60dd4ef6585541e3b2fda3f952dfd45699b1e932.
These on-chain events illustrate the long-tail value of early ETH holdings and underscore the importance of credible data when assessing liquidity shifts. Relying on trusted analytics, traders can monitor movements without leaning on speculative projections.