Crypto Trader Profits $14M Riding the April Crypto Dip, Here’s What They Bought
Highlights
- Crypto trader made $14M in profit in April despite crypto market dip, per Lookonchain.
- The trader went long on Bitcoin and 20 altcoins, earning millions in profits.
- The trade has $5M is in unrealized profit from recent Bitcoin buy.
‘Buy the Dip’ has been the slogan of investors for a long time, and this one crypto trader proved it was the right strategy. When the rest of the investors struggled with the April crypto market dip, this one leveraged into trades, earning $14M in profits. How? Let’s discuss.
Crypto Trader Bets on Bitcoin and 20 Altcoins, Making $14M
April crypto dip affected investors severely, but as digital assets attempt recovery, the spotlight is on the one that performed well. Lookonchain X post highlights a crypto trader with a $14M profit in this crash and the tokens they had invested in.
Interestingly, the investors have turned to leverage trading and placed long bets on Bitcoin, Ethereum, Solana, and 18 other top altcoins. With a successful long placement and benefitting from the crypto market recovery, the investor earned $9 million. The remaining are from the unrealized profits of recent BTC buys.
Crypto Trader’s New 309 Bitcoin Buy, What’s Next?
With a $9M in profit, the crypto whale again went all in on trading, investing $24.68M to buy 309 BTC at the price of $79,792. With Bitcoin’s 20% rally since then, the trader is sitting on another $5M in profits. The profit could be higher if the user had sold these when the Bitcoin price rallied to $97,760 in the previous week.
Although the whale is making significant profit, there’s a concern about continuity as the Arizona governor blocked the Crypto Reserve bill. Moreover, the uncertainty looms around Trump’s tariffs and other macroeconomic events.
Despite the odds of the crypto market dip, the investor carries a $14M profit at the time of posting.
Instant Currency Exchange at BestChange with Ease
- Compare Rates Across 1000+ Exchanges
- Access 250+ Cryptocurrencies & Pairs
- Save Time with Real-Time Price Tracking
Frequently Asked Questions (FAQs)
1. What cryptocurrency did the crypto investor invest in?
2. How much profit did the trader make from the 309 BTC buy?
3. Will the crypto market rally next?
- Bitcoin Rebounds as US Senate Advances Resolution to Stop Trump from Extending Iran War
- BREAKING: GitHub Claims Customer Repos Safe as Binance’s Changpeng Zhao Issues Warning
- Consensys Pushes FDIC To Revise Proposed GENIUS Act Stablecoin Rules
- Senator Warren Questions OCC Crypto Bank Approvals For Ripple, Coinbase
- Just-In: Trump Signs Executive Order To Review Banking Restrictions Against Crypto Firms
- Cardano Price Prediction as V11 Van Rossem Hard Fork Goes Live Ahead of May 29 Governance Vote
- Why is Zcash Price Surging 90% In a month while Bitcoin Struggles Under $78K?
- MSTR Stock Outlook as Wall Street Raises Target to $400 and Strategy Director Sells Shares
- Pi Network v23 Upgrade Goes Live as Major Mainnet Nodes Complete Updates: Will Pi Coin Rally To $0.20?
- XRP Price Outlook as John Deaton Accepts Ripple Donations for Massachusetts Senate Campaign
- Memecoins Ready to Explode? DOGE, SHIB, PEPE, and PUMP Forecast Amid Middle East Tensions





















