An early Ethereum investor has made a significant move by transferring 2,300 ETH, worth approximately $9.9 million, in a single transaction. This re-entry comes as Ethereum prices surge, igniting speculation about the future direction of the market. The investor’s initial purchase of 20,000 ETH during the 2014 Genesis sale cost just $6,200 and still holds an estimated $6.99 million in ETH today. This move has coincided with a bullish trend in Ethereum prices. 372% increase from current levels has been predicted by analysts. The recent activity by larger Ethereum holders is adding fuel to the market’s momentum. 520 Million dollars worth of ETH was moved recently into Kraken, which some analysts see as a strong bullish sign for further price increases.