Bitcoin Holder makes $29M Profit after 11 Years

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A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset.

The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after patiently holding the coins for more than 11 years, according to Whale Alert.

The investor reportedly purchased the coins for about $60,000 in 2013, meaning they made more than $29 million in profit.

Bitcoin investor sells after 11 years. Source: Whale Alert

Bitcoin’s 10-year…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Bitcoin Holder makes $29M Profit after 11 Years


A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset.

The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after patiently holding the coins for more than 11 years, according to Whale Alert.

The investor reportedly purchased the coins for about $60,000 in 2013, meaning they made more than $29 million in profit.

Bitcoin investor sells after 11 years. Source: Whale Alert

Bitcoin’s 10-year…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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