An Ethereum ICO-era whale has reactivated after ten years of dormancy, transferring 1 ETH on June 29. The wallet, which initially purchased 1,000 ETH at the ICO price of $0.31 per token, now holds assets valued at $2.44 million, reflecting a staggering 787,000% profit. This activity has sparked discussions about potential market impacts, as transactions by early adopters can influence market sentiment. The whale's reactivation follows a recent $12 million Ether transfer to Kraken by another long-inactive holder. Despite Ethereum's current value being 49.8% below its 2021 peak, it remains a leading altcoin. Meanwhile, Anthony Scaramucci of SkyBridge Capital has suggested that Solana's SOL could potentially surpass Ethereum in market capitalization, citing a stronger narrative for Solana.