Cryptocurrency News

‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s

2022.04.01 13:58

‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s
© Alpha Footage

Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests.

Analysis of the wallet related to blockchain protocol Terra reveals that since it began amassing BTC in Q1 this year, it is up $165 million.

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