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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

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

CointimeCointime2024/10/30 15:45
By:Cointime

 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.

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