A long-term Ethereum holder has earned $131.7 million in profit over a span of two years by choosing to stay patient and hold the cryptocurrency.
The investor purchased 96,639 ETH from Coinbase during the bear market and later transferred 70,000 ETH, worth $214.34 million, to Kraken as the price of Ether rose.
Despite the transfer, the investor still holds 26,639 ETH valued at approximately $68.81 million in their original wallet.
This story demonstrates the value of holding assets in a volatile market and emphasizes the long-term benefits of sticking to a strategic investment approach.