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Analysts from Arkham have identified an Ethereum address that had been inactive for nearly a decade, which has now yielded a record return. In 2015, the owner of this address purchased ETH for $30, and its current value has surged to approximately $295,000, resulting in an investment return exceeding 983,000%.
The analysts speculated that the initial Ethereum was acquired by the address owner during the initial coin offering (ICO) of Ethereum. Since then, the coins have remained untouched. Arkham reported that the “awakened whale” transferred a portion of the funds to the cryptocurrency exchange Kraken. Initially, a test transaction of 0.01 ETH was conducted, followed by the transfer of 50 ETH in two separate transactions, yielding around $95,000. Currently, the address holds about 50 ETH, valued at approximately $102,520.
This is not the first instance where early investors, who had been inactive for an extended period, have realized substantial profits from investments that seemed modest years ago. According to Whale Alert, in December, an address that had been dormant for over 10 years turned its $263 investment in Ethereum from a decade ago into $2.8 million. Another case was highlighted by Lookonchain analysts: an unknown user who invested $600 in Ethereum during the ICO increased their “Ethereum portfolio” to $6.5 million by 2024.
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Experts from Arkham stated that inactivity and patience can sometimes be the most effective trading strategy, yielding results in the volatile digital asset market.
Meanwhile, the cryptocurrency market is experiencing a prolonged downturn that has lasted for several months. Currently, Ethereum is trading above $2,140 with a market capitalization of $257.7 billion. This represents a 56.6% decline from its all-time high of $4,953 reached in August 2025. Over the past month, the coin has decreased in value by 6%.
Previously, analysts from Standard Chartered predicted that Ethereum could rise to $7,500 by the end of the year. However, the bank has recently revised its outlook, stating that Ethereum may drop to $1,400 due to weakening trader sentiment and deteriorating market conditions.
