230,000% ROI in a Decade: Dormant Bitcoin Whale Awakes as BTC Price Heads Toward $70K

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Bitcoin’s price recovery continues as the asset jumped to over $69,000 and came close to challenging $70,000 hours ago.. The resources informed that a Bitcoin investor who had accumulated a notable stash of nearly 4,300 BTC a decade ago at an average price of less than $30 had decided to move a small portion.

Interestingly, this was the anonymous whale’s first Bitcoin transfer in just over ten years. They moved 246 BTC, worth close to $17 million at yesterday’s prices. Given their average purchasing price of $29.39 in 2013, this whale’s ROI since then is a mindblowing percentage of 230,000%.another whale’s purchase. This one came just a few hours ago and was for almost 114 BTC . This investor has been on a buying spree within the past month, having purchased 1,308 BTC since March 6.yesterday, the asset had calmed at around $67,000 but continued to increase gradually during the day.

Nevertheless, the cryptocurrency has failed to overcome the coveted $70,000 level, at least for now, but still stands north of $69,000.The Best Shiba Inu Alternatives in 2024: Meme Coin Deep DiveSign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

 

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