{"id":45992,"date":"2025-09-05T16:46:46","date_gmt":"2025-09-05T16:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45992"},"modified":"2025-09-05T16:46:46","modified_gmt":"2025-09-05T16:46:46","slug":"ethereum-ico-whale-stakes-646m-after-three-years-dormant","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45992","title":{"rendered":"Ethereum ICO Whale Stakes $646M After Three Years Dormant"},"content":{"rendered":"<div>\n<p>An early ether ETH investor just rejoined the market\u2019s economic layer with one of the largest staking deposits in recent memory.<\/p>\n<p>On-chain data flagged 150,000 ETH, worth about $646 million, moving from three wallets tied to Ethereum\u2019s 2014 initial coin offering into a staking address on Thursday evening. <\/p>\n<p>The wallets had been inactive since February 2022, when they processed non-ETH transactions.<\/p>\n<p>The investor originally received 1 million ETH during the ICO for a $310,000 outlay \u2014 effectively buying ether at $0.31. That position is now valued near $4.3 billion, according to <a href=\"https:\/\/x.com\/lookonchain\/status\/1963770197871046708\">Lookonchain data<\/a>. <\/p>\n<p>Even after this week\u2019s movement, two wallets still hold another 105,000 ETH, worth $451 million.<\/p>\n<p>It\u2019s the latest in a string of resurfacing ICO whales. Last month, one participant transferred $19 million in ETH to Kraken, while another moved 2,300 ETH to the exchange. <\/p>\n<p>Traders view such transactions as signals of long-dormant supply entering circulation, though in this case the funds were staked rather than sold.<\/p>\n<p>Ethereum\u2019s staking layer has swelled past 33 million ETH this year, with older investors increasingly participating as yields stabilize and the network\u2019s proof-of-stake model matures.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An early ether ETH investor just rejoined the market\u2019s economic layer with one of the largest staking deposits in recent memory. On-chain data flagged 150,000 ETH, worth about $646 million, moving from three wallets tied to Ethereum\u2019s 2014 initial coin offering into a staking address on Thursday evening. The wallets had been inactive since February [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45992","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45992"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45992\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}