Ethereum’s Early Days Pay Off Big Time
A lucky investor who bought Ethereum way back in 2014 just cashed in big time. They originally invested a measly $46,500 and now their 150,000 ETH are worth a whopping $389.7 million! That’s an 837,964% return on investment – talk about a good day!
This early bird investor, who had been quiet for years, recently moved 3,510 ETH (worth $9.12 million) to the Kraken crypto exchange. It’s a safe bet they’re planning to sell some of their holdings and enjoy the fruits of their long-term investment.
Another Whale Makes Bank During the Bear Market
It seems like a lot of people are making bank with Ethereum right now. Another investor, who we’ll call a “whale” because they own a lot of crypto, also made a killing. They bought 96,639 ETH during the 2022 bear market when prices were low. They’ve been selling off their stash this year, making a cool $131.72 million!
Ethereum Prices on the Rise
Ethereum is currently trading at $2,660, up over 3% in the last 24 hours. It looks like the crypto market is heating up, and investors are taking advantage of the rising prices.
Important Note: This article is for informational purposes only and should not be considered investment advice. Always do your own research before investing in cryptocurrencies.
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