Remarkable Crypto Gains from Straightforward Buy-and-Hold

An Ether whale's $87K investment in 2016 grew to almost $40M after an 8-year hold, demonstrating the significant profits that can be generated through a simple buy-and-hold strategy in the volatile cryptocurrency market.

Trader Sells Millions in ETH After 8 Years

The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets, showcasing the long-term potential of holding onto cryptocurrency positions.

Trader Acquires $1.5M NFT for Just $23K

A more complex move allowed a trader to purchase a $1.5 million non-fungible token (NFT) with only $23,000 by leveraging the fractionalization trend in the NFT space, highlighting the opportunities for savvy crypto investors.

Source: https://cointelegraph.com/news/eth-whale-gains-40-million-8-years

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