A Bitcoin whale, who accumulated 9,000 BTC in late 2018, has sold after 22 months and two capitulation phases.
A Bitcoin (BTC) whale an individual investor who holds a large amount of BTC took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of 2018.
The whale held on to the BTC for nearly 22 months, through two major capitulation phases. Bitcoin dropped to sub-$4,000 level twice, first in January 2019 and second in March 2020. The investor waited through both periods, ultimately selling at around $12,000.
https://cointelegraph.com/news/this-bitcoin-whale-sold-at-12-000-btc-price-after-hodling-for-2-years
Who said that bitcoin is no longer profitable?
He is really a whale. Imagine, he tripled his investment for just 2 years. However, he will regret when bitcoin reach its ath or break it. I think this bitcoin holder is a businessman which need to pull out his investment to get back his track with his other businesses. But who holds it is not a big deal, but how bitcoin made a person more successful. This is a slap for those people and speculators who said that bitcoin will devalue during the year 2018. He bought the FUD and he sold FOMO of other people.A Bitcoin (BTC) whale an individual investor who holds a large amount of BTC took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of 2018.
The whale held on to the BTC for nearly 22 months, through two major capitulation phases. Bitcoin dropped to sub-$4,000 level twice, first in January 2019 and second in March 2020. The investor waited through both periods, ultimately selling at around $12,000.
https://cointelegraph.com/news/this-bitcoin-whale-sold-at-12-000-btc-price-after-hodling-for-2-years
Who said that bitcoin is no longer profitable?