An unknown crypto-king increased his investment 365,000 times by purchasing BTC in 2010

Yesterday, on June 15, a cryptocurrency wallet with 50 BTC (equivalent to $ 1,277,345 at the current exchange rate) came out of hibernation after 13 years. The anonymous owner of the cryptocurrency transferred all savings to another wallet.

Analysts assume that the bitcoins were sold as part of an over-the-counter transaction, according to the BTC.com portal. According to the available information, the whale deposited his account in June 2010, when the BTC rate was $ 0.07.

The purchase of 50 bitcoins cost the user $ 3.5. If we calculate the market value of the portfolio at its peak, when the BTC rate exceeded $ 64,150, it was already $ 3.2 million.

If it turns out that the transaction of June 15 was indeed a sale of cryptocurrency, the investor earned $ 1.28 million, which means that his investment has increased more than 365,000 times.

Over the past few months, whales have been coming out of hibernation more and more often. This applies not only to the BTC market but also to ETH. In the spring, an unknown crypto whale transferred bitcoins BTC $56,278.68 Bitcoin -1.35% Market capitalization $1.11 trillion VOL. 24 hours $2.77 billion totaling more than $ 1 billion to another crypto wallet. This was the largest BTC transaction of 2023 so far. The commission for cryptocurrency transactions amounted to only $ 81.6.

At the same time, another anonymous cryptocurrency holder moved $ 16 million into ETH after five years of inactivity. As it became known, the investor accumulated these funds in 2017, when ETH $2,994.43 Ethereum 0.42% Market capitalization $359.94 billion VOL. 24 hours $1.5 billion was trading for $ 370. Thus, at that time, the user managed to earn more than $ 12 million.