A trader has made a profit of $14.2 million from buying BTC, but his ETH position still has a loss of $6.13 million
Lookonchain monitoring showed that a patient trader purchased 568.5 BTC for $41,420 on April 11, 2022 (approximately $23.55 million), after which BTC entered a bear market. After holding for a long time, the trader has currently realized a profit of about $14.2 million. However, the 5,734 ETH (approximately $21.73 million) purchased for $3,789 in December 2021 is still in a loss of $6.13 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Time is Running Out! The 5 Next Cryptos to Explode with Massive Gains!
How to Leverage FXGuys’ Ecosystem for Long-Term Crypto Gains
Cryptocurrency Enthusiast Earns $15,000 a Day with BCH Miner
Bitcoin dominance rises to 58% as altcoins struggle, legacy tokens show strength
Bitcoin’s ability to maintain its market dominance without significant price appreciation remains a key consideration, particularly as legacy cryptos show renewed strength.The following is an excerpt from The Block’s Data and Insights newsletter.