CandleFocus Ethereum Investor Makes Millions of Dollars Profit Within a Month
2024-10-16
Author: Content Editor
A pseudonymous investor known as "myparagon.eth" has made a significant profit in the crypto market, according to on-chain analytics firm Lookonchain. The investor purchased 9,050 Ethereum (ETH) coins in September for an average price of $2,293, and recently sold all their remaining 4,802 ETH for approximately $12.56 million, making a profit of around $2.8 million in just 38 days. The investor took advantage of Ethereum's recent price spike and strategically timed their selling across multiple dates from September to October. This success highlights the volatile yet profitable nature of the crypto market.
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