Bitcoin Trader Buys 888,353 XRP
Date: 2024-02-16 Author: Dima Zakharov Categories: IN WORLD
Elite bitcoin trader, known as "Doctor Profit," recently made a significant XRP purchase, signaling confidence in the asset amidst rising concerns within the XRP community.
Doctor Profit announced today that he invested half a million dollars into XRP, acquiring the tokens at $0.56 each to bolster his existing XRP portfolio.
Doctor Profit announced today that he invested half a million dollars into XRP, acquiring the tokens at $0.56 each to bolster his existing XRP portfolio.
On February 16th, he purchased a total of 888,353 XRP in two batches, with each batch bought 20 minutes apart. In the first batch, he acquired 479,965 XRP for $268,795.97, followed by another purchase of 408,388 XRP for $228,710.60.
In total, the bitcoin trader invested $497,506.57 in XRP. With XRP trading at $0.5714 at the time of publication, Doctor Profit's new XRP holdings are now valued at $507,604, resulting in a net profit of $10,098 in just a few hours.
While some members of the cryptocurrency community have applauded Doctor Profit's move, others remain skeptical, questioning the reasons behind such a substantial investment in XRP.
