According to Arkham data, an early Ethereum (ETH) investor turned $620 into $4.2 million, a rise of 6800x or about 677,319.35%. The investor bought 2000 ETH for $0.31 each and held it for more than 10 years. The investor moved the coins earlier today after more than a decade of dormancy. The move shows how holding for the long term can get investors big returns.

Is Ethereum Still The Crypto Of Choice For Investors?

Ethereum STATS
Source: Pixabay

Ethereum (ETH) had a few slow years from its 2021 peak till early 2025. However, the asset saw some big gains last year, climbing to a new all-time high of $4,946.05 on August 24, 2025. While the 2025 rally was commendable, the cryptocurrency market saw a a dip in October of last year, and is still struggling to regain its momentum. ETH’s price has fallen by more than 57% since its 2025 peak.

ETH saw some recovery in early May, but has since fallen again. According to CoinGecko’s Ethereum data, ETH’s price is down by 0.7% in the last 24 hours, 2% in the last week, 9.4% in the 14-day charts, and 10.1% over the previous month.

Source: CoinGecko

Ethereum’s (ETH) dip comes amid a larger market-wide correction, with Bitcoin (BTC) falling to the $76,000 level after briefly reclaiming the $82,000 mark. The correction is likely due to higher than anticipated inflation data in the US. Rising crude oil prices and high bond yields have diminished chances of an interest rate cut. Investors are likely taking a risk-off approach amid macroeconomic uncertainties. Additionally, the US-Iran conflict is yet to be resolved.

Also Read: 4 Coins To Benefit From The Clarity Act, According to Grayscale

However, Ethereum (ETH) may see some positive price action over the coming years. According to Grayscale, the CLARITY Act could be beneficial for Ethereum (ETH), given its strong tokenization and decentralized finance innovations.

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