Data: The Ethereum OG, which once achieved a 376x return, is buying the dip again, having purchased over 8 million USD in ETH

By: rootdata|2026/05/23 20:45:00

According to Lookonchain monitoring, as the market declines, an early Ethereum OG address has once again started bottom-fishing. On-chain data shows that this address has accumulated 3,942 ETH, worth approximately 8.08 million dollars, with an average purchase price of about 2,049 dollars, and may continue to increase its holdings.

Data shows that this address acquired 12,001 ETH from ShapeShift at an average price of about 7.58 dollars ten years ago. Subsequently, it sold all its ETH over a year ago at an average price of about 2,856 dollars, exchanging for 34.3 million USD Coin, with a total profit of approximately 34.2 million dollars, achieving an investment return rate of up to 376 times.

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