BTC investor's initial balance increased 50 million times in 13 years
Network analyst and head of CryptoQuant, Ki Yong Ju, recently discovered a fascinating fact: one of the early bitcoin investors made an incredible profit.
Over the past 13 years, his investment has grown more than 50 million times. In 2009, this user was awarded 150 coins as a reward for a mined block. At that time, his assets were valued at just 13 cents. Remarkably, this investor kept his bitcoins in his account for a long time, despite the significant market fluctuations that occurred during the previous decade. However, last April, the owner decided to sell his coins when the value of bitcoin reached the $43,500 mark.
Representatives of The Crypto Basic conducted their own investigation and confirmed this information. They noted that a retail investor received 150 BTC in November 2009 on 3 different wallets. The addresses of these wallets remained inactive until April 2022. As a result, the investor made a profit of over $6.5 million, with an initial balance of only $0.13. This is further proof of the cryptocurrency industry's tremendous promise in terms of investment income. It was recently reported that a user invested $8,000 to buy Shiba Inu and ended up earning over $5 billion.
Bitcoin (BTC) is leading the recovery of the entire cryptocurrency market after a recent bearish spike that saw most altcoins break several support levels. Bitcoin has gained 2% in the past 24 hours and is trading at $29,828.74
Many analysts noted the growth of BRICK digital currency quotations by more than 85% over the last day. Trading volumes for this period amounted to $4.86%, which is 88% higher than the previous day. If we evaluate the situation in a monthly context, the growth of this cryptocurrency is more than 1227%.
This data emphasizes the professional research approach of The Crypto Basic and shows the potential of the cryptocurrency market for high investment profits.