An Untapped Billion-Dollar Treasure: Rain Lõhmus’s Frozen Ethereum Wallet
In 2014, Ethereum was just launching. An Estonian banker named Rain Lõhmus saw potential and invested heavily.
He bought 250,000 ETH during its presale for under $80,000. Today, this stash is worth about $1.18 billion.
The twist? Lõhmus has lost access. His wallet hasn’t moved since Ethereum launched.
A lost password and JSON file freeze the funds.制动force attacks won’t cut it due to Ethereum’s encryption.
Lõhmus isn’t alone.bitcoin pizza Day and James Howells’ lost hard drive share similar tales.
- Bitcoin Pizza Day: 10,000 BTC spent on two pizzas in 2010.
- James Howells’ hard drive: Lost bitcoins worth billions in 2025.
Lõhmus’ wallet sits visibly on the blockchain, sleeping soundly.
Extracting these funds is incredibly hard. Without the right password, recovery teams stumble.
On-chain data confirms no transactions since launch.This sum represents about 0.2% of circulating ETH.
Despite this,market stability remains unaffected.
This story merges luck, mistakes, and soaring prices. It’s now legendary in cryptocurrency lore.
