These coins were purchased in 2011 for only $ 54,000. Thus, profitability increased almost 18 million and the initial amount increased by 176,000 times.
The average annual investment growth rate (CAGR) was approximately 145% in 14 years. This case shows not only the extraordinary profitability of Bitcoin, but also the quote of the owner who has continued his assets for more than 10 years despite the volatility of the market.
It is interesting that this process is realized shortly after another similar sales: another investor sold a similar amount of Bitcoin obtained in 2014, and profitability is a profitability of 4 million percent.
Analysts talk about the beginning of the so -called “Whale Season ğinde when the large long -term crypto currency owners begin to correct the profit. This can affect more market behavior and cause new sales among other investors.
Source: Ferra
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