Gate News bot message, An Ethereum ICO participant has initiated ETH 2.0 staking operations with 40,000 ETH (approximately $120 million) from address 0x26021abdd34df672fed798cf5a2e98190d22aaa8.
The funds were previously dormant for 10.3 years since the initial ICO investment. The participant’s original investment of $12,440 during the Ethereum ICO has appreciated to $120 million, representing a 9,633x return.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine Announces 4.53 Million ETH Holdings Valued at $9.14 Billion, Tom Lee Cites 'Mini-Crypto Winter' End
Bitmine Immersion Technologies, the largest Ethereum treasury firm globally, announced on March 9, 2026, that its cryptocurrency and cash holdings total $10.3 billion, comprising 4,534,563 ETH valued at approximately $9.14 billion, 195 Bitcoin, $200 million in strategic investments, and $1.2 billion in cash.
CryptopulseElite14m ago
In 2016, the ETH OG whale with a cost basis of $10.37 is suspected of liquidating, transferring 5082 ETH to a certain CEX 4 hours ago.
On March 10, it was reported that a certain ETH whale liquidated holdings in 2016 at a cost of $10.37, ultimately depositing 5082 ETH into CEX, with an estimated profit of $10.215 million. The source of funds traces back to 23,300.79 ETH withdrawn in 2016, with a cost basis of only $241,000.
GateNews18m ago
Vitalik proposes one-click staking mechanism, Ethereum Foundation invests 72,000 ETH
The Ethereum Foundation is using DVT-lite technology to stake approximately 72,000 ETH, aiming to reduce staking complexity and enhance decentralization. Vitalik Buterin advocates for simplifying operations so that non-professional institutions can easily participate in staking, emphasizing that reliance on professionals should be avoided. This move will help improve system resilience and transparency.
MarketWhisper41m ago
Bitmine accumulates 4,535,000 ETH, dominating the global Ethereum treasury rankings
Public company Bitmine Immersion Technologies held 4,534,563 ETH as of March 8, with total assets reaching $10.3 billion, making it the world's largest institutional Ethereum vault. Its staking annual yield has reached $174 million, expected to increase to $259 million with the launch of the MAVAN network. Bitmine's goal is to acquire 5% of Ethereum's circulating supply, currently surpassing 75%.
MarketWhisper47m ago
Trump announces lifting of oil sanctions, Bitcoin surges to $69,500, Ethereum breaks through $2,053, and liquidations reach $342 million
Bitcoin and Ethereum rebounded after Trump announced a temporary suspension of some oil sanctions, with Bitcoin soaring to a high of $69,537 and Ethereum reaching $2,053 at one point. Oil prices fell sharply, easing inflation pressures, and market liquidity expectations improved, leading to gains in risk assets. However, analysts warn that the US-Iran conflict could still impact shipping through the Strait of Hormuz, and the decline in global oil prices remains uncertain.
動區BlockTempo1h ago
A wallet marked as BitMine transferred 5,300 ETH to a certain CEX custody service 3 hours ago.
Gate News Report, March 10th, according to on-chain analyst Yu Yan's monitoring, a wallet labeled as belonging to BitMine transferred 5,300 ETH (worth $10.75 million) to a certain CEX custody service three hours ago.
GateNews1h ago
