Crypto trader turns $620 into $4.2 million

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On May 25, 2026, one of the oldest possible Ethereum (ETH) holders executed a trade in which they turned an original investment of approximately $620 into more than $4.2 million, per the data Finbold retrieved from Arkham on the day.

Specifically, the address 0x158 – tagged both as a ‘genesis block address’ and a ‘dormant address’ on the intelligence platform – moved exactly 2,000 ETH across three trades: two involving 1 token each, and one 1,998 between approximately 9 AM and noon UTC (5 AM and 8 AM EST).

0x158’s latest Ethereum trades. Source: Arkham

Overall, the sold Ethereum was worth more than $4.2 million at the time of the trade. Thus, the total profit on the investment also equates to roughly $4.2 million as the original purchase was made when the cryptocurrency was priced at $0.31 during its presale.

The address holds a total of $214.7 worth of digital assets following the move, with the majority being accounted for by ETH, per the data available on Arkham on May 25.

0x158’s cryptocurrency position after moving 2,000 Ethereum. Source: Arkham

Meanwhile, it is unclear why one of the original Ethereum investors chose to clear the majority of the position in the fifth month of 2026. Indeed, the trade chose to hold on to the cryptocurrency through multiple previous highs.

Crypto trader misses out on $9,66 million in ETH profits by selling in May 2026

For example, at press time, ETH is changing hands at $2,116 following a 28.67% year-to-date (YTD) drop.

Under the circumstances, the token is up more than 75,000% overall, but is significantly below multiple highs recorded in the last five years and, additionally, more than 12% in the red within the timeframe.

If the investor sold at mid-2025 highs at approximately $4,830, they would have turned their $620 into $9.66 million. They could have achieved similar results already in 2021, as ETH rose to roughly $4,700 during the year, making the potential gains as high as $9.4 million.

Ether price five-year chart. Source: Google

There were similar opportunities both in early and late 2024, while the overall institutional outlook for digital assets, as well as substantial optimism and buying activity from the prominent analyst Tom Lee, all indicate that Ethereum is likely to eventually again climb toward its historical highs.

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