Guess what? A savvy crypto trader just pulled off a jaw-dropping move, securing a whopping $214 million by moving 70,000 ETH to Kraken in March 2024. And that's not all—they're still sitting on 26,639 ETH! Talk about diamond hands!
Let's rewind a bit. This trader turned heads by racking up a cool $131.72 million profit with a sharp investment in Ether (ETH) during the rocky 2022 bear market when everyone else was sweating bullets.
Our crypto wizard bought a hefty 96,639 ETH from Coinbase on September 3 and 4, 2022, when ETH was trading around $1,567. Then, like a true pro, they held onto it through all the market ups and downs for two whole years. And boy, did it pay off! Fast forward to 2024, and ETH's price had shot up to $3,062.
In March 2024, they decided to cash in on their patience and moved 70,000 ETH to Kraken, bagging a cool $214.34 million. But they didn't sell everything—they're still holding onto 26,639 ETH, worth about $68.81 million today.
This epic trade perfectly showcases the concept of “diamond hands”—those fearless investors who hold on tight to their assets during market turbulence, betting on long-term gains. And this trader hit the jackpot!
But wait, there's more! The crypto world has seen some other wild success stories recently. Remember that Shiba Inu (SHIB) investor who turned $2,625 into a staggering $1.1 million after holding for three years? Or how about the trader who transformed $3,000 worth of Pepe (PEPE) meme coin into a mind-blowing $46 million in just a year? Talk about turning memes into dreams!
So, if you're holding onto your crypto through thick and thin, you might just be the next big success story. Keep those diamond hands strong, folks!
