Whale Investor Profits $14.2 Million from Bitcoin Purchase Despite Ethereum Losses
Lookonchain reports that a whale investor who bought 568.5 Bitcoins for $23.55 million at $41,420 per coin on April 11, 2022, has seen a $14.2 million profit as Bitcoin recovered. However, the same investor is facing a $6.13 million floating loss on the purchase of 5,734 Ethereums for $21.73 million at $3,789 per coin in December 2021. The investor’s patience has paid off with Bitcoin, but Ethereum investments have yet to turn a profit.
