Crypto trader turns $620 into $4.2 million
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). 0x158’s latest Ethereum trades.
2 million at the time of the trade. 31 during its presale. 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.
0x158’s cryptocurrency position after moving 2,000 Ethereum. Source: Arkham 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 trade chose to hold on to the cryptocurrency through multiple previous highs.
67% year-to-date (YTD) drop. Under the circumstances, the token is up more than 75,000% overall, but is significantly below multiple highs recorded in the last five years and, additionally, more than 12% in the red within the timeframe. 66 million.
4 million. Ether price five-year chart. Source: Google 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.
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