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TechFlow News: On May 16, according to on-chain analytics platform Lookonchain (@lookonchain), an early Ethereum holder (“Ethereum OG”) began accumulating ETH at lower prices following a recent ETH price correction. This address originally acquired 11,005 ETH from ShapeShift ten years ago at $3.46 per ETH and sold all of it one year ago at an average price of $2,777, realizing $30.56 million in USDC—representing an 803x return.
According to on-chain analytics platform Lookonchain (@lookonchain), an early Ethereum holder (“Ethereum OG”) has begun accumulating ETH on dips following the recent ETH price correction. This address originally acquired 11,005 ETH from ShapeShift at $3.46 per ETH ten years ago and sold all of it one year ago at an average price of $2,777, cashing out $30.56 million in USDC and realizing an 803x return.
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