An anonymous investor sold 80,000 bitcoins in the amount of $ 9.5 billion, setting one of the most impressive records in the cryptocurrency market.
These coins were purchased in 2011 for only $ 54,000. Thus, the profitability amounted to almost 18 million percent, and the initial amount increased by 176,000 times.
The average annual investment growth rate (CAGR) was about 145% in 14 years. This case demonstrates not only the phenomenal profitability of bitcoin, but also the excerpt of the owner, who retained assets for more than 10 years, despite the volatility of the market.
It is interesting that this transaction occurred shortly after another similar sale: another investor sold a similar volume of bitcoins acquired in 2014, with a profitability of 4 million percent.
Analysts are already talking about the beginning of the so -called “whale season”, when large long -term cryptocurrency holders begin to fix profit. This can affect further market behavior and cause new sales among other investors.