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How #ETCGroup Turned $736 Million into $1.3 Billion with One Bold Bitcoin Move

🔰 Bitcoin Purchased:

➡️ Quantity: 27,084 BTC

➡️ Average Purchase Price: $27,188

➡️ Total Investment: $736.4 Million

🔰 Bitcoin Sold:

➡️ Quantity: 2,598 BTC

➡️ Average Sale Price: $42,104

➡️ Total Value Sold: $109.4 Million

🔰 Current Bitcoin Holdings:

➡️ Quantity: 24,486 $BTC

➡️ Market Price: $51,895

➡️ Total Market Value: $1.3 Billion

🔰 Realized Profit:

➡️ #Bitcoin Sold: $110 Million

🔰 Unrealized Profit:

➡️ Current Holdings Value - Total Investment Cost = $1.3B - $736.4M = $563.6 Million

🔰 Total Profit: Realized ($110M) + Unrealized ($563.6M) = $637 Million

@ETC_Crypto

#Ordinals #ETFs

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February 26, 2024 at 5:55 AM

Twitter@CryptoPatel|05:39 AM - Feb 26, 2024
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