Recently, while browsing blockchain data, I discovered a cryptocurrency wallet that participated in the Ethereum ICO in 2014 suddenly moving all its assets after more than 10 years of silence. This wallet received 401 ETH right from the launch of Ethereum, bought at just $124, and has been inactive for 3,871 days.

But in the past 24 hours, the wallet owner split the ETH into 4 separate transactions and sent them to different addresses within 5 hours. Currently, ETH is around $2,060, so this amount is worth approximately $826,000 — a profit of over 6,600 times the original purchase. Long-time observers say that transferring to a new wallet is often a sign of preparing to list on an exchange to sell, but it's not certain.

What’s interesting is that wallets from the ICO era like this usually hold their assets tightly. This time, it suddenly moved, possibly because the wallet owner wants to take profits after a decade of waiting. If they actually sell, it will be a significant amount of ETH entering the market, but compared to daily trading volume, it’s not too impactful. Just keep watching whether this wallet continues to move or gets listed on an exchange.