Whoever the investor was, it wasn’t his or her first time plunking down a lot of cash on Bitcoin. Their account was largely dormant before Dec. 12, when it went from holdings of 0.246 coins to 48,627 by the morning of Dec. 13. (Bitcoin, at the time, was going for about $17,000—meaning a rough investment of $827 million.)
Binance CEO Predicts A Bitcoin And Crypto 'Bull Run'
Bitcoin and cryptocurrency holders have been waiting all year for the next bull run...
Cryptocurrency market on brink of 'price explosion' but bitcoin won't trigger it, experts predict
In November 2017, bitcoin was in the middle of a remarkable price surge that would see its value rise 10-fold over the course of six months. By mid-December, one bitcoin was worth close to $20,000 (£15,000), but that was the high water mark before the tide turned.
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