Ethereum Whale Moves 10,195 ETH to Kraken: A 5,000x Return on ICO Investment

On May 25th, a significant movement in the Ethereum market was observed as on-chain analyst Wu Jinyu reported a major transaction from a prominent whale. This entity, originally part of the Ethereum ICO in 2015, relinquished 10,195 ETH to Kraken, continuing a trend of strategic liquidity management. Remarkably, this **institution** acquired 50,000 ETH at an **initial cost** of just $15,000, translating to an ICO price of **$0.311** per ETH. Over the past eight years, these assets have appreciated sharply, with an average sale price of **$1,555**, culminating in a staggering valuation of approximately **$77.76 million**. This **transfer** exemplifies the strategic maneuvers undertaken by seasoned investors, reflecting an overall return of **5,000x** on their initial stake. Such transactions underscore the volatile yet lucrative nature of **cryptocurrency investments** and highlight the ongoing evolution of the Ethereum network.