Mysterious Untouched ETH Wallet Sees Staggering Growth, Holding Since Ethereum ICO

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Mysterious Untouched ETH Wallet Sees Staggering Growth, Holding Since Ethereum ICO
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This ETHwallet sees 5,333x growth, whale not selling since the ethereum ICO, here's why. jconorgrogan

The Ethers held in this address have by now seen mind-exploding growth of over 5,333x. However, the reason for this is likely not so cheerful.Conor Grogan, who is known as simply"Conor" on Twitter, shared that he managed to dig up data on an Ethereum address that has been completely untouched since the ICO by Vitalik Buterin and other co-founders of the second largest blockchain platform in the summer of 2014.

According to the tweet, this wallet, which Grogan referred to as"one of the most mysterious addresses in all of crypto," purchased Ethereum with $75,000 during the initial coin offering and has not made a single transfer since 2014. Currently, the worth of ETH in this wallet has soared by a whopping 5,333x to constitute more than $400 million now. In Ethereum, this is 250,000 coins.Aside from that, the address received several Ethereum Classic airdrops when this hard fork took place, which are now worth $6.5 million.-Completely untouched wallet; has never made a single transaction

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