Ten years after the ETH ICO address, nearly $120 million worth of ETH was transferred to a new wallet.

According to Lookonchain, an Ethereum ICO address (0x2dCA) that had been dormant for over 10 years suddenly became active today. It first transferred 5 ETH (approximately $15,000) to a new address for testing, and then transferred the remaining 39,995 ETH (approximately $119.4 million) to a new wallet (0x2602).

This address initially purchased 40,000 ETH for approximately $12,400 during the ICO phase, and has now yielded a cumulative return of approximately 9,639 times based on current prices.