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.
It is a massive investment when the price of
BTCitcoin was around $6000 and then to undergo two major corrections when he is witnessing millions of his investment going down without knowing how long it could go down and to have the patience to hold for two long years and then to sell off doubling his investment is a smart move and i do not think that he sold all of his coins which is not clear in the article.