From $279 to $2.2M: The Slumbering ETH Wallet Awakens with a Yawn

Imagine, if you will, a world where a digital wallet, having slept the sleep of the just for a good 9.9 years, decides to stretch its legs and make a grand entrance. Such was the case with a certain Ethereum address, which, until recently, had been as active as a sloth on a Sunday.

This address, a veritable treasure trove, held a modest 900 ETH, which, back in the misty days of 2015, was worth a mere $279. Yes, you read that right. ETH was trading for mere pennies, like the price of a second-hand teacup at a village fete. Fast forward to the present, and the same 900 ETH is now worth a staggering $2.27 million. One can only imagine the look on the owner’s face when they checked their balance—probably a mix of shock, joy, and a sudden urge to buy a yacht. 🛥️

The wallet in question is a pre-mine wallet, a term that, for those not in the know, means it was created around the time of the token’s initial distribution. It’s like being handed a golden ticket to the chocolate factory, only the factory is a bit more digital and the chocolate is replaced with cryptocurrency. 🍫

Currently, ETH is changing hands at a rather robust $2,541, according to the ever-reliable CoinGecko data. It’s enough to make one wonder if the good old days of penny ETH will ever return. Probably not, but a man can dream, can’t he? 🌈

In other news, the US government, never one to be left out of the fun, recently deposited a cool $218,000 worth of ETH into Coinbase. One can only speculate on what they plan to do with it—perhaps they’re saving up for a new fleet of digital teacups. 🍵

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2025-07-08 00:09