⭐⭐Altcoin Bought, Waited 3.5 Years: Made $15 Million Profit, Sold, and Caused a Drop ⭐⭐

A Long-Term INJ Investor Made $15.21 Million Profit in 3.5 Years

According to Spot On Chain data, a long-term Injective ($INJ) investor transferred 243,699 INJ tokens (worth approximately $7.39 million) to Bybit and CowSwap exchanges on November 27 and put them up for sale. This large transaction led to a 7.7% decrease in the INJ price.

The investor in question began collecting INJ tokens at an average price of $10.92 between February 2021 and July 2022. He then sold at two significant peaks around $35.9 in 2023 and 2024.

As a result of these strategic purchases and sales, the investor's total profit was approximately $15.21 million and managed to increase his investment by 2.3 times in a 3.5-year period.

Although the recent sale caused short-term market fluctuations, such big movements once again revealed the profitability of long-term investment strategies.

INJ, which lost 2% in the last 24 hours, is trading at $29.21 at the time of writing.

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