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Cryptocurrency investors often want to buy at the bottom and sell at the top. While this is not always possible, one patient whale turned $3 into $5 million.
Accordingly, a sleeping Bitcoin whale woke up after 15 years and moved 50 BTC.
According to Arkham data, a Bitcoin miner transferred BTC to an anonymous address. The BTC, currently worth around $5 million, yielded a staggering 99,999,900% return on investment.
Accordingly, this Bitcoin miner user mined BTC in 2010 and earned 50 BTC. What is remarkable at this point is that at that time, the block reward for confirming a block on the Bitcoin network was 50 BTC, which is 16 times the current one.
At that time, the Bitcoin reward earned by the miner was worth 3.08.
A Bitcoin miner went on the offensive two days ago, transferring 50 BTC, initially worth $3.08, to two new addresses for a valuation of around $5 million.
*This is not investment advice.
