​​814,661% Profit Triggers Epic Ethereum Whale Awakening

Published 25/05/2025, 11:47
Updated 25/05/2025, 17:15
​​814,661% Profit Triggers Epic Ethereum Whale Awakening

U.Today - An old Ethereum (ETH) wallet that hadn’t been touched in nearly a decade just came back to life — and it’s holding millions. The address, created during Ethereum’s pre-mine phase, originally received 2,153 ETH back in 2015 when that amount was worth around $667. On May 24, 2025, it moved for the first time in 9.8 years, now holding ETH worth over $5.43 million as reported by Whale Alert.

The address "0x10df68" made its first transaction in almost a decade, sending 30 ETH worth about $75,970 to another wallet: "0x967e37." Just a few hours later, that second wallet began routing the funds through Tornado Cash, a crypto mixing service often used to break the link between wallets and obscure the transaction history.

On-chain data shows that after receiving the funds, the second wallet quickly started making multiple transactions — mostly 1 ETH at a time — directly to Tornado Cash. Within hours, the full 30 ETH had been split up and moved through the mixer.

The original wallet still holds over 2,100 ETH, valued at more than $5.2 million. Its reactivation after almost 10 years, combined with the immediate use of a privacy tool, has definitely drawn attention from those tracking long-dormant wallets and early Ethereum holders.

There is now only around 2.78 ETH, worth just under $7,000, in the second wallet. Given Tornado Cash’s involvement and no additional large transfers yet, it’s unclear what the long-term plan is for the remaining funds.

Vitalik Buterin?

It’s possible that this could be Vitalik Buterin. The address dates back to Ethereum’s Genesis phase, limiting the possible owners to a small group of early insiders. Additionally, the immediate move to Tornado Cash stands out — a tool that Vitalik Buterin has supported and admitted to using for personal privacy. While there’s no hard proof it’s him, the pattern fits just enough to raise the question.

This content was originally published on U.Today

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