Data: The Ethereum OG, which once achieved a 376x return, is buying the dip again, having purchased over 8 million USD in ETH

By: rootdata|2026/05/24 04:45:00
0
Share
copy

According to Lookonchain monitoring, as the market declines, an early Ethereum OG address has once again started bottom-fishing. On-chain data shows that this address has accumulated 3,942 ETH, worth approximately 8.08 million dollars, with an average purchase price of about 2,049 dollars, and may continue to increase its holdings.

Data shows that this address acquired 12,001 ETH from ShapeShift at an average price of about 7.58 dollars ten years ago. Subsequently, it sold all its ETH over a year ago at an average price of about 2,856 dollars, exchanging for 34.3 million USD Coin, with a total profit of approximately 34.2 million dollars, achieving an investment return rate of up to 376 times.

-- Price

--

You may also like

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Overview of Important Market Events on May 31

Three years later: Looking back at my judgment of ChatGPT in 2023

In fact, it's not that difficult to see the big picture; the hard part is admitting that we have repeatedly taken for granted the numbers, speed, and distribution.

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

"Why can they do it, but we can't?" This rhetorical question not only reveals the anxiety of traditional exchanges but also reflects the subtle and complex game between TradFi and DeFi after perpetual contracts have shifted from being gambling tools to global price discovery infrastructure.

A Detailed Analysis of "Stock God Serenity" Investment Methodology

In the major trend of AI and other areas, instead of buying the most eye-catching popular stocks, we should drill down along the industry chain to find the most irreplaceable bottlenecks in future architectural migrations, and place bets in advance while old financial reports, old valuations, and ol...

Sharplink CEO: The future of Ethereum is unfolding

The market is focused on the ETH price and foundation controversies, but overlooks the bigger picture: Ethereum is far ahead in stablecoin settlement, RWA, and DeFi, and has already met the conditions for institutional adoption.

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Overview of Important Market Events on May 28

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com