Crypto trader made $ 15 million profit in 2 days

A major cryptocurrency investor has made a significant profit of $ 15.7 million, following the bullish trend in the bitcoin market BTC $97,138.83 Bitcoin 4.90% Market capitalization $1.92 trillion VOL. 24 hours $5.41 billion . This is reported by Coinpedia.

It is noted that the trader was able to increase his wealth despite a short-term decline in the price of Bitcoin. It occurred after a new historical high was set.

Thus, from November 6 to 8, the trader sold 619 WBTC for a total of $ 46.44 million, earning $ 8.85 million in net profit.

The average selling price was $ 75,029 per coin.

However, when the BTC price quickly broke through the $ 80,000 barrier, the trader bought back 562 WBTC for $ 80,895. And later, he sold them near the historical high of $ 93,050. This brought him an additional $ 6.85 million in profit.

At the time of writing, the bitcoin rate has reached $ 93,323, the market capitalization is $ 1.85 trillion, and daily sales have reached $ 76.56 billion.

The total profit of the trader from these operations amounted to $ 15.7 million, which is an impressive result in the volatile cryptocurrency market.