Whale Investor Purchases 568.5 Bitcoins at $41,420 in April 2022, Profiting $14.2 Million as Bitcoin Recovers
According to BlockBeats news, Lookonchain monitoring revealed that a whale investor purchased 568.5 Bitcoins, worth approximately $23.55 million, at a price of $41,420 on April 11, 2022, before the market entered a bearish phase.
Despite the market downturn, the investor demonstrated patience, holding onto the Bitcoins until the price recovered. Currently, the investor’s holdings have generated a profit of $14.2 million.
However, the same investor also purchased 5,734 Ethereums, valued at approximately $21.73 million, at a price of $3,789 in December 2021. Unlike the Bitcoin investment, this Ethereum purchase has resulted in a floating loss of $6.13 million.
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