Ethereum ICO participant moves 50 ETH after 10.8-year dormancy

An address that participated in the Ethereum (ETH) ICO has transferred 50 ETH, worth approximately $113,000, to a new address after 10.8 years of dormancy, according to Etherscan data. The address, which begins with 0xE0F, had been inactive for 3,940 days. According to Lookonchain, the wallet's owner invested $124 during the ICO to receive 400 ETH. The current value of this holding is $906,000, marking an estimated 7,303-fold return on the initial investment. ETH is currently trading at $2,261.21, down 1.35%, CoinMarketCap data shows.