Short News View Non-AMP

Ethereum ICO Whale Turns $12K Into Millions

Published by
Sohrab Khawas

An early backer of Ethereum, identified as 0xd64A, sold 11,552 ETH for about $23.42 million at roughly $2,027 per coin in the last hour. This investor originally bought 38,800 ETH during the 2014 ICO for just $12,000, when the price was around $0.31 per token. Today, that original position is worth around $79.5 million, showing one of the biggest returns for long-term crypto holders. The recent sale appears to be profit-taking after more than a decade of holding.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Fear Index Hits 10 as Pepeto Fills Faster While ETH and XRP Battle Key Levels

The crypto market moves fast, and finding the best crypto to buy now means paying…

March 27, 2026

Crypto Crash Alert: Bitcoin, Ethereum Drop as Iran War Sparks Market Panic

The crypto market is flashing a clear warning, and this time, it’s not just technicals…

March 27, 2026

Bitcoin and Ethereum Face Downside Risk Ahead of $15.58B Options Expiry Today

A large batch of Bitcoin and Ethereum options is set to expire this Friday, with…

March 27, 2026

Pepeto Draws Record Capital as $13.5B Options Expire on Deribit While SOL and ADA Recover

$13.5 billion in crypto options expire on Deribit today, the largest settlement of Q1 2026,…

March 27, 2026

Tether Picks KPMG for USDT Audit

Tether has confirmed that KPMG will audit its $185 billion USDT reserves, ending speculation about…

March 27, 2026

Brazil Signs Law Allowing Seizure of Bitcoin and Crypto Linked to Crime

Brazil has passed a new law allowing authorities to freeze, seize, and liquidate digital assets,…

March 27, 2026