PANews reported on August 9th that according to on-chain analyst Ember, an address that had held ETH for eight years sold 3,280 ETH (US$13.38 million) two hours ago. This address turned US$50,000 into US$14.43 million (288x) over eight years.

In early 2017, he withdrew and accumulated 3,865 ETH from Kraken, valued at $50,000 at $13. He subsequently sold 565 ETH, holding most of the remaining ETH until he sold it eight years later for $4,079.