{"id":72483,"date":"2026-05-14T00:34:48","date_gmt":"2026-05-14T00:34:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/genesis-wallet-dormant-since-2015-transfers-790-eth-worth-1-78-million\/"},"modified":"2026-05-14T00:34:48","modified_gmt":"2026-05-14T00:34:48","slug":"genesis-wallet-dormant-since-2015-transfers-790-eth-worth-1-78-million","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/genesis-wallet-dormant-since-2015-transfers-790-eth-worth-1-78-million\/","title":{"rendered":"Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">An Ethereum Genesis Address holding 790 ETH transferred $1.78M on May 13, 2026, after sitting untouched since 2015.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The 7,300x return on a $244 investment signals ongoing awakening of early Ethereum ICO wallets in 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Whale Alert flagged the move to a fresh wallet, with no exchange deposits detected yet, keeping sell pressure unclear.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Dormant Ethereum Genesis Address Moves 790 <span>ETH<\/span> Worth $1.78M After 10.8 Years of Inactivity<\/h2>\n<p>The address, labeled on Etherscan as a \u201cGenesis Address\u201d and identified by the string <a href=\"https:\/\/etherscan.io\/address\/0xed41e1a28f5caa843880ef4e8b08bd6c33141edf\" target=\"_blank\" rel=\"noopener noreferrer\">0xed41e1a28f5caa843880ef4e8b08bd6c33141edf<\/a>, received 790.174 <span>ETH<\/span> directly at Ethereum\u2019s genesis block on July 30, 2015.<\/p>\n<p>That allocation came from the project\u2019s pre-mine and initial coin offering ( <span>ICO<\/span>) distribution. At the time, <span>ETH<\/span> traded around $0.31 during the 2014 crowdsale, putting the initial value of the wallet at approximately $244.<\/p>\n<p><\/p>\n<p>The address recorded zero outgoing or incoming transactions from 2015 through May 12, 2026. That stretch covers roughly 3,940 days, or 10.8 years. Around 21:47 UTC on May 13, 2026, the wallet became active. It first executed nine small test transactions, including dust amounts near 0.0000001 <span>ETH<\/span>.<\/p>\n<p>The holder then moved approximately 790.1739 <span>ETH<\/span> across two transfers, 1 <span>ETH<\/span> followed by 789.17388714 <span>ETH<\/span>, to a brand-new receiving address identified as 0x0b9bcde72cd4390a9f91f5f52a29e0535e695942. That destination wallet had zero prior history and was created for this transfer.<\/p>\n<p>At approximately $2,257 per <span>ETH<\/span> at the time of the move, the transferred balance carried a value near $1,782,979. <span>Whale<\/span> Alert was the first major onchain monitoring account to flag the transfer publicly. The math on the return is straightforward. A $244 entry at genesis pricing grew to roughly $1.783 million at the time of the move.<\/p>\n<p>That represents approximately a 7,300-fold return over 10.8 years. Had the holder moved during <span>ETH<\/span>\u2019s all-time high near $4,878, the same stack would have been worth over $3.85 million. The original address retains a small residual balance near 0.000024 <span>ETH<\/span> along with negligible legacy token holdings, including minor amounts of LPT and OMG from early <a href=\"https:\/\/news.bitcoin.com\/unlocking-the-future-your-fun-guide-to-decentralized-finance-and-web3\/\">decentralized finance<\/a> experiments.<\/p>\n<p>Those positions carry minimal dollar value. No signs currently point to an imminent exchange deposit or market sale. Moving funds to a fresh wallet is a common pattern among long-term holders from this era. It can signal custody updates, preparation for <span>over-the-counter<\/span> (<a href=\"https:\/\/news.bitcoin.com\/binance-otc-spike-reveals-intensifying-institutional-grip-on-crypto-liquidity\/\">OTC<\/a>) deals, or simple consolidation ahead of future activity.<\/p>\n<h2>Last Genesis Pre-Mine Move Was 10,000 <span>ETH<\/span><\/h2>\n<p>The last time this happened, on April 28, a different Ethereum <span>ICO<\/span> wallet holding 10,000 <span>ETH<\/span> <a href=\"https:\/\/news.bitcoin.com\/ethereum-ico-participant-moves-22-million-eth-dormant-10-years\/\">transferred<\/a> its full balance, worth approximately $22.88 million to $23.1 million at the time, to a new address beginning with 0xCD59.<\/p>\n<p>That address also received its <span>ETH<\/span> during Ethereum\u2019s genesis-era distribution in July 2015, when the <span>stake<\/span> was worth roughly $3,110. Several onchain analytics firms flagged that April move, including <span>Whale<\/span> Alert, noting a return in the range of 7,381 to 7,465 times the original cost.<\/p>\n<p>Both events fit a pattern that has been building across 2025 and 2026. Early <a href=\"https:\/\/news.bitcoin.com\/ethereum-explained-a-beginners-guide\/\">Ethereum<\/a> <span>ICO<\/span> wallets have been waking up at a higher rate than in prior years. Each activation draws attention from onchain trackers because the amounts involved, and the holding periods, stand apart from typical wallet activity.<\/p>\n<p>No public identity is connected to either address. Anonymous participation was standard for <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a>\u2019s 2015-era <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-token-sale\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ICO<\/a> allocation. Onchain analysts work from funding timestamps and distribution patterns rather than personal data when labeling these wallets as <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-token-sale\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ICO<\/a> participants.<\/p>\n<p>If the new receiving address shows further movement, including transfers toward known exchange deposit addresses or <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">staking<\/a> contracts, onchain feeds and parsers will register it quickly. As of the time of this report, the funds remain in the fresh wallet with no additional outbound activity recorded.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/genesis-wallet-dormant-since-2015-transfers-790-eth-worth-1-78-million\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways An Ethereum Genesis Address holding 790 ETH transferred $1.78M on May 13, 2026, after sitting untouched since 2015. The 7,300x return on a $244 investment signals ongoing awakening of early Ethereum ICO wallets in 2026. Whale Alert flagged the move to a fresh wallet, with no [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72483"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72483"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72484"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}