On May 25, 2026, one of the oldest possible Ethereum (ETH) holders executed a crypto trade in which they turned an original investment of approximately $620 into more than $4.2 million, per the data Finbold retrieved from Arkham on the day.
Specifically, the address 0x158 – tagged both as a ‘genesis block address’ and a ‘dormant address’ on the intelligence platform – moved exactly 2,000 ETH across three trades: two involving 1 token each, and one 1,998 between approximately 9 AM and noon UTC (5 AM and 8 AM EST).
Overall, the sold Ethereum was worth more than $4.2 million at the time of the trade. Thus, the total profit on the investment also equates to roughly $4.2 million as the original purchase was made when the cryptocurrency was priced at $0.31 during its presale.
The address holds a total of $214.7 worth of digital assets following the move, with the majority being accounted for by ETH, per the data available on Arkham on May 25.
Meanwhile, it is unclear why one of the original Ethereum investors chose to clear the majority of the position in the fifth month of 2026. Indeed, the trader chose to hold on to the cryptocurrency through multiple previous highs.
Crypto trading strategy misses out on $9.66 million
For example, at press time, ETH is changing hands at $2,116 following a 28.67% year-to-date (YTD) drop.
Under the circumstances, though the token is up more than 682,000% since the pre-sale, it is also significantly below multiple highs recorded in the last five years and, additionally, more than 12% in the red within the same timeframe.
If the investor sold at mid-2025 highs at approximately $4,830, they would have turned their $620 into $9.66 million. They could have achieved similar results already in 2021, as ETH rose to roughly $4,700 during the year, making the potential gains as high as $9.4 million.
There were similar opportunities both in early and late 2024, while the overall institutional outlook for digital assets, as well as substantial optimism and buying activity from the prominent analyst Tom Lee, all indicate that Ethereum is likely to eventually again climb toward its historical highs.
