A lover bitcoin holder has received a profit of about 30 million dollars after keeping his BTC holdings patient patiently, highlighting the long -term investment capacity of the digital asset.
Unknown investor sold 300 bitcoins (BTC) for $ 29.8 million on Sunday for more than 11 years in $ 29.8 million, for $ 29.8 million, According For whale alert.
The investor allegedly bought coins for about $ 60,000 in 2013, meaning that he earned more than $ 29 million in profit.
The 10 -year performance of bitcoin continues to pursue traditional assets. In the last decade, BTC has increased by more than 40,600%, while gold has increased by 189%, 116% increase in S&P 500 and 60% increase in oil prices, According For tardingview data.
Other loving traders have also patiently produced millions from catching cryptocurrency, including Memcoin.
In December 2024, a loving investor earned a profit of $ 52 million from just $ 27 initial investment after placing Peppe (Pepe) Memcoin for 600 days, leading to 1.9 million times more returns on investment.
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Bitcoin dipped in the midst of the Middle East tension
The struggle in the Middle East has been pressurized to increase the price of bitcoin. Cryptocurrency exceeded the six -week low of $ 98,240 on Sunday after US air strikes at Iran’s nuclear sites. US President Donald Trump warned of further attacks until Iran agreed to peace, Reuters Informed,
The two countries have been engaged in a strategic missile war since June 13, when Israel started several attacks on Iran since the Iran-Iraq War in the 1980s, marking its biggest attack on the country.
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Bitcoin’s dip indications are that the crypto markets “are tightly connected to the broad financial landscape” and the Middle East Tension, Nexo Dispatch Editor Stela Zlatareva told cointelegraph, adding, adding:
“It is expected to remain of instability because investors see ETF flow, geo -political moves and macro spirit in goods and equity.”
While bitcoin is shortly immersed below the level of psychologically significant $ 100,000, it seems to be stable for now. Nevertheless, further geo -political shocks can again put pressure on prices.
The US spot bitcoin exchange-traded funds (ETF) continued to accumulate despite geopolitical concerns, cumulative pure income more than $ 1 billion in the last one week, Sosowalu Shows data.
However, on Friday, ETF inflow was slowed down by only $ 6.4 million, with Blackrock the only asset manager to buy BTC worth $ 46.9 million.
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