A crypto trader flipped $120 into $900,000 using Ethereum (ETH), representing a gain of 749,900% on the initial capital.
The crypto trader – 0xE0F372347C96B55f7D4306034bEb83266FD90966 – received 400 ETH in the Genesis allocation on July 30, 2015. Notably, the trader held the ETH for nearly 11 years before sending 350 ETH, valued at about $789,600 at press time, to Bitstamp crypto exchange on May 14, according to on-chain data analysis from Arkham Intelligence.
Meanwhile, this trader set the remaining 50 ETH, worth approximately $112,750, to a new wallet. As such, this trader potentially took some profit and left the original address with about $5 at press time after going through three major crypto bear markets.
Why is this crypto trader taking profits now?
This crypto trader moved funds after a Bitcoin (BTC) user successfully accessed his wallet, which had been locked for nearly a decade due to a forgotten password, using Claude AI. As such, the crypto trader could be moving the ETH holdings as a maintenance measure.
Furthermore, the ETH crypto trader did not attempt to take profits or move the funds after the Ethereum price hit its all-time high (ATH) of about $4,857 in October 2021, and again in August 2025. However, the significant transfer to Bitstamp could signal a potential exit from the long-term trade.
Moreover, ETH price has been trapped in a multi-year consolidation, thereby lagging behind other emerging sectors led by Artificial Intelligence (AI) and the stock market, as Finbold explained. The re-awakening of an early investor ahead of the Clarity Act, a proposed U.S. federal law to legalize crypto assets, could signal a sell-the-news event and the onset of a shift from builders to institutional investors.
