Early Bitcoin (BTC) Adopter Rakes in 5,019,590,600% Profit
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An early Bitcoin (BTC) adopter rakes in a profit of over 50 million times his initial investment after holding on to this Bitcoin bag for 13 years.
On-chain analyst and CryptoQuant Chief Ki Young Ju recently called attention to a mind-blowing profit-taking move executed by an early Bitcoin (BTC) adopter last year. This investor made a profit of over 50 million times his initial BTC investment after HODLing for 13 years.
The investor received 150 Bitcoin from block rewards in 2009, per the disclosure. Notably, these tokens, mined by the individual, were worth $0.13 at the time.
Interestingly, the investor held onto these tokens despite the rapid fluctuations witnessed in the Bitcoin market for over a decade. However, they opted to sell them off last April when BTC changed hands at $43,500.
An on-chain investigation carried out by The Crypto Basic substantiates these claims. Notably, the investor received the BTC tokens in three different wallets in November 2009.
The first transaction involved 50 BTC and occurred on Nov. 22, 2009, at 00:04 (UTC), while the second transaction last transaction
A Massive 5,019,590,600% ROI
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