diff --git a/core/src/main/java/org/web3j/crypto/Bip44WalletUtils.java b/core/src/main/java/org/web3j/crypto/Bip44WalletUtils.java
index e0d2876336..c0c3d39aad 100644
--- a/core/src/main/java/org/web3j/crypto/Bip44WalletUtils.java
+++ b/core/src/main/java/org/web3j/crypto/Bip44WalletUtils.java
@@ -70,8 +70,8 @@ public static Bip32ECKeyPair generateBip44KeyPair(Bip32ECKeyPair master, boolean
             final int[] path = {44 | HARDENED_BIT, 0 | HARDENED_BIT, 0 | HARDENED_BIT, 0};
             return Bip32ECKeyPair.deriveKeyPair(master, path);
         } else {
-            // m/44'/60'/0'/0
-            final int[] path = {44 | HARDENED_BIT, 60 | HARDENED_BIT, 0 | HARDENED_BIT, 0};
+            // m/44'/60'/0'/0/0
+            final int[] path = {44 | HARDENED_BIT, 60 | HARDENED_BIT, 0 | HARDENED_BIT, 0, 0};
             return Bip32ECKeyPair.deriveKeyPair(master, path);
         }
     }
diff --git a/core/src/test/java/org/web3j/crypto/Bip44WalletUtilsTest.java b/core/src/test/java/org/web3j/crypto/Bip44WalletUtilsTest.java
index 2b64a7e7dc..e8b2506fd5 100644
--- a/core/src/test/java/org/web3j/crypto/Bip44WalletUtilsTest.java
+++ b/core/src/test/java/org/web3j/crypto/Bip44WalletUtilsTest.java
@@ -60,11 +60,18 @@ public void generateBip44KeyPair() {
         Bip32ECKeyPair bip44Keypair = Bip44WalletUtils.generateBip44KeyPair(masterKeypair);
 
         assertEquals(
-                "xprv9zvpunws9gusoXVkmqAXWQm5z5hjR5kY3ifRGL7M8Kpjn8kRhavkGnFLjnFWPGGS2gAUw8rP33Lmj6SwZUpwy2mn2fXRYWzGa9WRTnE8DPz",
+                "xprvA3p5nTrBJcdEvUQAK64rZ4oJTwsTiMg7JQrqNh6JNWe3VUW2tcLb7GW1wj1fNDAoymUTSFERZ2LxPxJNmqoMZPs9y3TMNMuBN8MS9eigoWq",
                 Base58.encode(addChecksum(serializePrivate(bip44Keypair))));
         assertEquals(
-                "xpub6DvBKJUkz4UB21aDsrhXsYhpY7YDpYUPQwb24iWxgfMiew5aF8EzpaZpb567bYYbMfUnPwFNuRYvVpMGQUcaGPMoXUEUZKFvx7LaU5b7zBD",
+                "xpub6GoSByP58zBY8xUdR7brvCk31yhx7pPxfdnSB5VuvrB2NGqBS9eqf4pVo1xev4GEmip5Wuky9KUtJVxq4fvYfFchS6SA6C4cCRyQkLqNNjq",
                 Base58.encode(addChecksum(serializePublic(bip44Keypair))));
+
+        Credentials credentials =
+                Bip44WalletUtils.loadBip44Credentials(
+                        "", mnemonic); // Verify address according to https://iancoleman.io/bip39/
+        assertEquals(
+                "0xece62451ca8fba33746d6dafd0d0ebdef84778b7",
+                credentials.getAddress().toLowerCase());
     }
 
     @Test