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A Patient Trader's BTC Purchases Have Floated $14.2 Million, But ETH Position Still Lost $6.13 Million

A Patient Trader's BTC Purchases Have Floated $14.2 Million, But ETH Position Still Lost $6.13 Million

Bitget2024/10/30 20:22
BTC+0.24%ETH+0.41%

Oct 30 - A patient trader purchased 568.5 BTC (about $23.55 million) for $41,420 on 11 April 2022 before BTC entered a bear market, according to monitoring. After a long holding period, the trader has now realised a profit of approximately $14.2 million. However, its purchase of 5,734 ETH (about $21.73 million) in December 2021 for $3,789 is still at 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.
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