- He added to his wallet when the “bit” was at $0.07
- His portfolio has grown substantially in value
- For example, if he were liquidated in fall 2021, his net profit would be over $3 million
- It is possible, that the holder did sell his savings
- In that case, he received a slightly smaller, but still impressive $1.28 million
Yesterday, June 15, a “whale” emerged from its 13-year “hibernation” account, which held the sum of 50 BTC. He transferred all his savings to another wallet. It is possible that the cryptocurrency was sold in an over-the-counter transaction.. According to the available information, the “whale” added to the account in June 2010. At that time, the rate of BTC was $0.07.
The purchase of 50 bitcoins cost the user $3.5. If we calculate the market value of the portfolio at the peak, when the exchange rate exceeded $64.15 thousand, it is already $3.2 million.
With the transaction of June 15 was a sale, the investor earned $1.28 million.. That is, its investment has grown by more than 365,000 times.
In the past few months, the “whales” have increasingly come out of “hibernation.”. This applies not only to the BTC market, but also to ETH. Here, for example, we covered the story of how a user invested barely a couple thousand dollars in 2015 and became a millionaire.</nbsp;
Before that, we wrote about another large holding BTC. It first emerged from “hibernation” after 12 years.
We note that the “whales” in the bitcoin-community are those users who control a significant amount of cryptocurrency. The threshold number of BTC to determine such investor is different, but often it is more than 1000. However, sometimes wallets with 10 BTC are also counted as “whales”.