Ethereum ICO Wallet With 850 ETH Dormant for a Decade Sends 1 ETH to Coinbase, 10,684x ROI on a $263.50 Investment

COINOTAG News, citing Lookonchain’s analytics, reports that an Ethereum ICO wallet address 0x782F has transacted 1 ETH to Coinbase after more than a decade in dormancy. The dormant balance previously held 850 ETH, valued near $2.8 million at current prices, illustrating the enduring liquidity of early-stage allocations and the long-tail value of ICO participants.

The investor reportedly deployed about $263.50 to acquire 850 ETH during the ICO, implying an extraordinary ROI of roughly 10,684x at today’s valuations. Market observers should monitor resulting liquidity dynamics and exchange flows as historically dormant holdings re-enter public markets, influencing price discovery and cross-exchange settlement.