Short News View Non-AMP

Ethereum OG Moves $31M to Coinbase After 10 Years

Published by
Sohrab Khawas

An early Ethereum investor, linked to wallet address 0xa2F…bF85A, recently transferred about 15,000 ETH ($30.97 million) to Coinbase, raising speculation it could be preparing a significant sell-off. This address first accumulated ETH back in 2016 at prices as low as $11.61, meaning its holdings have grown massively in value. If sold now, the profit would be roughly $30.79 million, representing an extraordinary 17,680% return over ten years. The move draws attention to long-term holders’ potential impact on market dynamics.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

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

Why XRP Could Replace the Petrodollar?

The events unfolding in the Strait of Hormuz are not just a geopolitical story. According…

April 12, 2026

BREAKING: Bitcoin Drops Below $72,000 as Ethereum and XRP Slide After JD Vance Confirms Iran Deal Failure

Crypto markets slipped on Friday after Vice President JD Vance confirmed that direct US-Iran negotiations…

April 12, 2026

Will Chainlink Price Break Its Long Consolidation Phase?

Right now, Chainlink price is hovering in a well-defined range, with support sitting around $8…

April 11, 2026

Can RAVE Price Sustain Its 900% Price Explosion?

RAVE token analysis right now feels less like investing and more like watching a high-speed…

April 11, 2026

Next Altcoin to 10x: Is It HYPE, LINK, ONDO or AVAX?

Bear markets are often where the next cycle's winners get built. Most traders are watching…

April 11, 2026

Solana (SOL) Price Prediction 2026, 2027-2030: Technical Outlook and Long-Term Forecast

Story Highlights Solana Price Today is . SOL stabilized bullish momentum may assist in reclaiming…

April 11, 2026