Here’s How a Bitcoin Whale Turned $120 to $182M in 14 Years

The post Here’s How a Bitcoin Whale Turned $120 to $182M in 14 Years appeared first on Coinpedia Fintech News

Most Bitcoin investors believe that BTC is the ultimate store-of-value asset in the cryptocurrency landscape. Nonetheless, there are a few BTC investors who are still skeptical about the idea of applying the strategy of long-term holding as a method to gain massive returns.

A Bitcoin whale’s stunning 151,989,283% return on investment over nearly 14 years has turned heads and reignited discussions about Bitcoin’s long-term potential. On November 14th, a surprising transfer of at least 2,000 BTC to Coinbase made waves in the crypto community. The holder, who acquired these Bitcoins back in 2010, is now set to sell, potentially reaping massive rewards.

Intrigued? Keep reading for the full story.

In 2010, Bitcoin was valued at just $0.06. With 2,000 BTC in his wallet, the investor’s initial holdings amounted to just $120. Fast forward to today, and Bitcoin is trading at $91,193.63. This means the same 2,000 BTC is now worth a staggering $182,387,260.

JUST IN: Someone just moved 2,000 #Bitcoin worth $179,000,000. They held from $0.06 to $90,000

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