An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
A cryptocurrency investor made a profit of $131.72 million by investing in Ether during the 2022 bear market and holding it through uncertain market conditions for two years.
Blockchain analytics firm Lookonchain identified an Ether (ETH) wallet address of an investor with diamond hands, showcasing the long-term losses associated with panic selling. Diamond hands refer to individuals who hold on to their investments amid market volatility and price fluctuations.
Source: Lookonchain