Savvy Investor Made $131.72 Million by Holding Ethereum During 2022 Market Crash

Quick Summary:

According to the blockchain analytics platform Lookonchain, this savvy investor bought 96,639 ETH from Coinbase on September 3 and 4, 2022, when the price was just $1,567 per ETH.

Holding assets through bear markets can be rewarding, but it comes with risks.

Even after selling a big chunk, they still hold 26,639 ETH, which is currently valued at about $68.81 million.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: $131 Made Crypto Investor Assets 2022 Market Price Million Savvy Selling

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 07:42:34 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 335 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22650664

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