Early Ethereum sellers significantly underestimated the asset's long-term price potential and missed substantial returns by selling at low prices.

"Schwartz has previously said he sold 40,000 ETH at about $1.05 each. In May, he explained that he would have held the tokens if he had believed there was even a small chance that Ethereum could later reach thousands of dollars. 'If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05,' he wrote."