Ethereum OG Purchases 3,942 ETH Amid Market Decline

An early Ethereum OG address has resumed buying operations as the market declines, according to Odaily. Blockchain data reveals that the address has acquired a total of 3,942 ETH, valued at approximately $8.08 million, with an average purchase price of around $2,049. Further acquisitions may follow. The data indicates that ten years ago, the address obtained 12,001 ETH from ShapeShift at an average price of about $7.58. Over a year ago, the address sold all its ETH at an average price of approximately $2,856, exchanging it for 34.3 million USD Coin, resulting in a profit of about $34.2 million and an investment return of 376 times.