A crypto investor made headlines after making a $131.72 million profit on a strategic Ether (ETH) investment.

- This significant trade during the 2022 bear market came as the investor held onto their assets amid volatile market conditions.

- Blockchain analytics firm Lookonchain identified an address that purchased 96,639 ETH during the 2022 bear market.

- The investor bought from Coinbase when the ETH price was around $1,567 and held onto their assets for two years.

- In March 2024, they moved 70,000 ETH to the Kraken exchange, where the ETH price rose to $3,062.

- These moves netted the investor $131.72 million in profits and they still hold 26,639 ETH.

- This incident illustrates the concept of “diamond hands” holding onto their assets despite market volatility. 💎

Similar Success Stories

- A Shiba Inu (SHIB) investor made $1.1 million on a $2,625 investment.

- Another investor made $46 million on a $3,000 Pepe (PEPE) meme coin investment.

These success stories highlight the potential of long-term investment in the cryptocurrency market. 🚀