The investor made a 4.5 times profit after 5 months of hoarding BIO, transferring 12 million BIO worth nearly 3.8 million USD to Binance.
MAIN CONTENT
The investor has hoarded BIO for over 5 months and achieved a 4.5 times profit.
12 million BIO worth approximately 3.78 million USD has just been transferred to Binance.
4.8 million BIO worth 1.53 million USD has just been released from the unlock contract.
How long has the investor been hoarding BIO and what is the profit achieved?
The investor accumulated BIO over 5 months and made a profit of 4.5 times compared to the initial investment.
Holding BIO for a long time has helped the investor take advantage of the price increase, a testament to an effective cryptocurrency asset hoarding strategy in the medium term.
How much BIO has the investor transferred back to Binance and what is the transaction value?
The investor just transferred 12 million BIO to Binance with an estimated value of 3.78 million USD.
A large quantity of BIO was sent to Binance in just one hour, marking the execution of a large transaction based on the current market price of 0.315 USD per BIO.
This move shows that investors may be preparing to sell or trade on the exchange, taking advantage of the significantly increased price compared to 5 months ago.
Does the investor receive additional BIO from the unlock contract?
About 2 hours ago, the investor successfully released 4.8 million BIO equivalent to about 1.53 million USD from the unlock contract.
Regularly receiving additional BIO from the unlock contract helps increase the asset amount for trading or reinvestment.
This also reflects proactive asset management in cryptocurrency, taking advantage of opportunities to increase the amount of cryptocurrency held during price increases.
Frequently Asked Questions
When did the investor start hoarding BIO?
The investor began hoarding BIO 5 months ago, when the price was about 0.057 USD each.
How is the current price of BIO determined?
The current price of BIO is recorded at 0.315 USD, increasing 4.5 times compared to 5 months ago.
What is the purpose of transferring 12 million BIO to Binance?
This move may aim to sell or trade on Binance to capitalize on profits from the price increase.
What is the BIO unlock contract and what is its effect?
The unlock contract helps investors receive additional BIO on schedule, increasing the asset volume for trading or reinvestment.
Why can long-term hoarding of BIO yield good profits?
Holding BIO for a long time takes advantage of the positive volatility of the cryptocurrency market, thereby increasing asset value.
Source: https://tintucbitcoin.com/nha-dau-tu-lai-45-lan-bio/
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