An early Ethereum (ETH) investor made an incredible return by selling some of the 16,636 ETH he bought in 2016. 🤑
The investor bought ETH for $5.23 and spent a total of $87,135. Today, that amount is worth $37.6 million! He sold 350 ETH for $2,340, making a profit of approximately $819,000.
Even though the price of ETH has fallen by 11.8% in the past month, long-term investors are still in profit. According to IntoTheBlock, 54% of ETH holders are in profit at the current price. 🚀