A pre-mine wallet holding 40,000 ETH just woke up after sleeping for over 10 years. Yeah, you read that right—10.3 years of absolute silence.

Back in 2015, this stash was worth a modest $12,400. Today? We're looking at nearly $120 million. That's a 9,600x return just from holding.

These ancient addresses moving always raises eyebrows. Is it an early miner cashing out? A forgotten wallet finally recovered? Or maybe someone just remembered their seed phrase after a decade.

Either way, when dormant ETH from the early days starts moving, markets tend to pay attention. The question now: will they hold, sell, or redistribute?

ETH1.02%

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OldLeekNewSickle

· 6h ago

10 years of sleep, waking up to 120 million... this is what true lying win looks like, what the hell are we daily position holders doing --- The chip distribution is about to change, it feels like there will be dumping, better prepare early everyone --- To be honest, when such antique addresses move, retail investors should be alert — the prelude to the play people for suckers mechanism has been proven time and again --- A return rate of 9600 times really makes me remember why I missed out at the beginning... but it's still not too late to chase now, just for reference --- Large Investors waking up is a signal for dumping, I bet it will plummet this week --- This guy hasn't looked at it for ten years, and ended up not losing but making a profit. Compared to my operations this year... never mind, too painful to say --- The key is if these 40,000 ETH are dumped in batches, everyone buying now will have to play people for suckers, the funding scheme is deep

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Layer2Observer

· 11-30 13:23

The wallet that hasn't moved for 10 years suddenly appeared and skyrocketed to 120 million... this number itself speaks volumes. But let's take a look at the data - the truly interesting discovery is what these antique addresses being active often suggest. Are institutions reallocating or have individuals finally remembered their Secret Key? From an on-chain perspective, the follow-up movements of such large transfers are what really deserve tracking.

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