Ethereum OG wallets finally sell after 8 years, locking in estimated $27M profit after $150M unrealized peak: onchain analysts
Ethereum OG wallets finally sell after 8 years, locking in estimated $27M profit after $150M unrealized peak: onchain analysts
Four Ethereum wallets that sat dormant for eight years have begun selling their holdings at around $1,560, having watched unrealized profits exceed $150 million at the 2021 and 2025 cycle peaks without taking any off the table.After selling 33,623 ETH over roughly four hours for about $52.5 million, the wallets are estimated to have realized roughly $27.4 million in profit, according to Lookonchain’s estimates.