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The wallet received Ethereum (ETH) coins on July 30, 2015, and remained… Don’t work Over the course of ten years, he recently transferred $23 million of Ethereum. The move turned the $3,100 ICO into one of the most followed events on the internet this week.
This address received 10,000 ETH during the Ethereum IPO at $0.311 per token, representing a price close to zero, which doubled to be an amazing return.
An #Ethereum ICO sponsor "0xCD59 on" transferred all 10,000 $ETH($22.88M) to the new wallet after being silent for 10.8 years.
He invested only $3,100 in the ICO and received 10,000 $ETH – now worth $22.88M, a return of 7,381x!https://t.co/HioUzA13Lu pic.twitter.com/5gBezsDQC2
– Lookonchain (@lookonchain) April 28, 2026
As the record of this growth comes into play after a decade of silence, investors are watching the money’s destination very carefully.
Online data, tracked through the Arkham Intelligence platform, shows that the whale sold 10,000 ETH at an average price of $2,027, completing the transaction in just one hour.
The move caused the price of ETH to drop by 1.5% during the same period, with the reversal seen on analytics platforms as a sell signal heading into the exchange.
Will Ethereum Price Be Above $2,000 After The Whale Is Removed?
The price of Ethereum currently stands at $2,300, which is the most troubling level at the moment. This level has caught on several times, but the technical structure above is still weak, there is less production and there is no clear explosion. If the price stabilizes, ETH may consolidate and slowly move towards $2,800.
The level of $ 2,400 is the first real resistance, while the level of $ 2,800 represents the point that will turn the entire market system to its position again.
As for the decline, the level of $ 2,200 is the first support, but if this level is broken, the area of ​​$ 1,880 will quickly enter the calculations, which is when the pressure of water begins to increase.
So the situation is simple: maintaining the level of $ 2,300 means stability, while the loss will open the door to a rapid decrease in price.
A note Ethereum Whale Rises After a Decade: Turning $3,100 into Millions appeared for the first time Cryptonews Arabic.
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