• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Ethereum Fortune Locked Away: Early ICO Buy Now Worth Over $1B

Ethereum Fortune Locked Away: Early ICO Buy Now Worth Over $1B

Sebastian Villafuerte
by Sebastian Villafuerte
2 weeks ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum is on the verge of breaking its all-time high after surging to the $4,700 level, its strongest price since November 2021. Bulls remain firmly in control, with momentum building after weeks of steady gains that have reignited market optimism. The rally has positioned ETH just shy of the $4,860 peak, a breakout point that could usher in a long-awaited price discovery phase.

Related Reading: Anonymous Whale Scoops Up $1.34B In Ethereum In Just 8 Days – Details

Adding intrigue to the current bullish backdrop, Arkham Intelligence — a blockchain analytics platform known for deanonymizing the individuals and companies behind blockchain wallets and transactions — has uncovered a remarkable story. According to their findings, a prominent figure has lost access to a wallet holding over $1.1 billion worth of Ethereum. The loss stems from forgotten or inaccessible credentials, effectively locking away a fortune that will never enter the market unless recovered.

With sentiment riding high and technicals pointing to a breakout, traders are watching closely to see if ETH can finally surpass its all-time high and enter a new chapter in its market history — one defined by both record valuations and extraordinary blockchain narratives.

Ethereum Nears Historic Breakout as $1B Lost Wallet Story Emerges

Arkham Intelligence has revealed a striking chapter in Ethereum’s history — one that underscores both the potential and the risks of early crypto investment. According to their report, Rain Lohmus, a well-known Estonian investor and entrepreneur, spent just $75,000 on ETH during the 2015 initial coin offering (ICO).

Those coins, purchased when Ethereum was still in its infancy, would today be worth over $1 billion. Unfortunately, Lohmus lost access to the wallet, rendering the fortune permanently inaccessible unless the keys are recovered — a near-impossible feat without the original credentials.

Rain Lohmus Individual Portfolio | Source: Arkham Intelligence
Rain Lohmus Individual Portfolio | Source: Arkham Intelligence

This story surfaces at a pivotal moment for Ethereum. The asset is trading near $4,700, within striking distance of its all-time high at $4,860, and market dynamics are turning increasingly favorable for bulls. Supply on exchanges and over-the-counter (OTC) desks is drying up rapidly, a sign of strong accumulation from both retail and institutional players. As fewer coins are available for sale, upward price pressure intensifies, especially when demand remains strong.

Ethereum is on the verge of entering uncharted territory, and the broader altcoin market is showing renewed signs of life, fueled by ETH’s leadership. The next few days could be critical in determining whether Ethereum breaks decisively higher, setting new records and potentially igniting a fresh wave of altcoin rallies.

Related Reading: USD1 Stablecoin Expands On TRON With $23M Mint After Landmark US Law

Price Analysis: Nearing All-Time High Resistance

Ethereum (ETH) is trading at $4,699 on the weekly chart, up 10.52% in the latest session, as bullish momentum pushes the asset toward its all-time high near $4,860. The recent rally has been fueled by a decisive breakout above the $3,860 resistance zone, which now acts as strong support.

ETH testing resistance below ATH | Source: ETHUSDT chart on TradingView
ETH testing resistance below ATH | Source: ETHUSDT chart on TradingView

Technically, ETH is trading well above its 50-week SMA ($2,776), 100-week SMA ($2,763), and 200-week SMA ($2,443), reflecting a strong long-term bullish trend. The slope of the 50-week SMA has turned sharply upward, underscoring the strength of the current move. The vertical nature of the breakout from the $2,852–$3,860 range highlights intense buying pressure, likely supported by institutional flows and reduced exchange supply.

Related Reading: Abraxas Capital Faces $119M Loss On Crypto Short: BTC Liquidation Price Sits At $153K

If ETH can close above $4,860, it will enter price discovery for the first time since November 2021, potentially triggering accelerated gains as momentum traders and long-term investors add to positions. However, the $4,700–$4,860 range remains a major resistance zone where profit-taking could temporarily slow the rally.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sebastian Villafuerte

Sebastian Villafuerte

Follow

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

Full Profile

Related Posts

Bitcoin vs Ethereum

Ethereum Price More Influenced By Off-Chain Markets Than Bitcoin, Data May Suggest

3 hours ago
Ethereum Buys Surge As Jack Ma-Linked Yunfeng Financial Invests $44 Million

Ethereum Buys Surge As Jack Ma-Linked Yunfeng Financial Invests $44 Million

6 hours ago
Ethereum

Spot Ethereum ETFs Shine With Strong Inflows Despite Price Struggles – Details

17 hours ago
starknet-panne-ethereum-redemarrage-apres-arret

Panne Starknet : le L2 d’Ethereum repart après 4h d’arrêt

20 hours ago
Bitcoin OG Sells 2,000 BTC To Buy Ethereum – Capital Rotation Accelerates

Bitcoin OG Sells 2,000 BTC To Buy Ethereum – Capital Rotation Accelerates

1 day ago
Ethereum

Ethereum Foundation Comes Out Of Hiding With Brand New Token, Here’s What It Does

1 day ago

Premium Sponsors

Press Releases

  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    14 hours ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    14 hours ago
  • From Institutional to Individual Investors: How XRP and...

    15 hours ago
  • Despite XRP price fluctuations, Mint Miner lets holders...

    15 hours ago
  • CryptoMiningFirm Launches First XRP, BTC Mobile App: Earn...

    18 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.