Ethereum OG Wakes 9-Year-Old Wallet to Take 15,600% Profit Near Q3 Peak

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A major early investor, regarded as an Ethereum OG, has reactivated a wallet that had been dormant for about nine years to take profits near the peak of the current quarterly rally. The investor, who originally bought Ethereum at $18.8, is now offloading holdings at a profit of 15,600 percent. The move comes amid what the article describes as a historic Q3 record for the asset.

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An early Ethereum investor reactivated a 9-year-dormant wallet to sell at a 15,600% profit near the Q3 peak; the article reports the whale's profit-taking with no stated fundamental cause, a mixed signal for ETH.