A wallet linked to an early participant in Ethereum’s 2014 initial coin offering moved its entire balance of 334.7 Ether—worth roughly $1.48 million at prevailing prices of about $4,426—over the weekend, blockchain data compiled by CoinMarketCap and reported by Cointelegraph show. The holder originally paid just $104 for the tokens, translating into a gain of more than 14,000-fold after a decade of inactivity. The funds were first sent in a small test transaction before being transferred to a newly created address, a pattern that often precedes liquidation on exchanges. The movement comes as Ethereum marks its 10-year anniversary and as spot Ether exchange-traded funds log record interest, drawing an estimated $2.9 billion in inflows last week. Analysts said renewed activity from long-dormant wallets—including a recent $9 billion Bitcoin transfer from a Satoshi-era address—highlights how rising prices are tempting early adopters to realize gains.