Early Ethereum Millionaire Makes Shocking Decision: You Won’t Believe What Happened Next! 🤯

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In the dusty corners of the crypto landscape, where dreams are made and fortunes lost quicker than a jackrabbit in July, an old-timer Ethereum holder done went and shocked us all, folks. 🤠
ETH $1 596
24h volatility: 8.1%
Market cap: $193.08 B
Vol. 24h: $34.71 B

Like them Joads during the Great Depression, this digital pioneer packed up their virtual wagon and hit the road, dumping their precious cargo faster than you can say “blockchain.” The poor soul’s been sitting quiet as a church mouse since ’22, mind you. 🐭

Data from them fancy folks at Lookonchain (bless their hearts) shows this whale – and Lord almighty, what a whale it was – done dropped 10,702 ETH worth more American dollars than my Uncle John’s prized tobacco farm. A cool $16.86 million, if you’re counting.

An Ethereum OG dumped 10,702 $ETH($16.86M) at $1,576 again after 2 years of dormancy.

He received the $ETH as early as 2016, when the price was just $8.

Interestingly, he never sold when $ETH was above $4,000 — but always chose to sell during major dips.…

— Lookonchain (@lookonchain) April 10, 2025

Now,

Ain’t that just the darndest thing? Like selling your prize cow during a drought instead of when the cattle prices are high. Makes about as much sense as screen doors on a submarine! 🚪

And speaking of peculiar timing, another whale’s been stirring in the deep – awakening after seven years like Rip Van Winkle himself, moving 2,000 ETH to Kraken. Lord have mercy, these crypto folks sure do dance to their own fiddle! 🎻

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2025-04-10 13:58