Ethereum Trade Makes $131mn Profit After 2 Years of Holding

A cryptocurrency investor achieved a remarkable profit of $131.72 million by investing in Ether during the 2022 bear market and holding it through two years of uncertain market conditions. Blockchain analytics firm Lookonchain identified an Ether wallet address of this investor, showcasing the long-term benefits of holding through market volatility. The term “diamond hands” refers to individuals who maintain their investments despite price fluctuations and market turbulence. According to Lookonchain, the investor purchased 96,639 ETH from the Coinbase crypto exchange between September 3 and 4, 2022, when Ether was trading at approximately $1,567. As a result, the investor acquired $151.42