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An Ethereum OG address bought 3,942 ETH on the dip today, with an average price of $2,049.

2026.05.23 18:45:32

On May 23, LookOnChain monitoring reveals an OG crypto address that previously earned $34.2 million from Ethereum investments is currently buying the dip. The address purchased 3,942 ETH today at an average price of $2,049 per token, totaling $8.08 million, and may continue accumulating ETH. Ten years ago, this address acquired 12,001 ETH from ShapeShift at an average of $7.58 each. Over a year ago, it sold all those ETH at an average price of $2,856, netting a $34.2 million profit with a staggering 376x return on investment (ROI).
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