Dormant Ethereum wallet holding 2,000 ETH reactivates after 11 years

Wallet address 0x45BB moved 2,000 ETH worth about $3.79 million to a new wallet, reviving an Ethereum ICO-era holding bought for roughly $620 amid renewed attention on old-wallet activity.

ETH

Summary

An Ethereum ICO-era wallet identified as address 0x45BB became active after 11 years of dormancy, transferring 2,000 ETH worth about $3.79 million to a new wallet. The holding was originally acquired for about $620, implying roughly a 6,113x return. The move extends a broader pattern of long-dormant Ethereum wallets reactivating in recent months, while institutional buyers have also continued adding ETH.

Terms & Concepts
  • ICO: Initial coin offering, an early token sale.
  • pre-mine address: A wallet funded during a token’s earliest issuance period before or around a network’s public launch.
  • dormancy: A prolonged period during which a wallet shows no on-chain activity.