An anonymous Bitcoin investor has realized a profit of nearly $30 million after holding 300 Bitcoin for over 11 years. The investor initially purchased the Bitcoin in 2013 for about $60,000, yielding a staggering 496-fold return upon selling for $29.8 million. This sale reflects Bitcoin's remarkable growth, outperforming traditional assets such as gold, the S&P 500, and oil over the past decade. Meanwhile, Bitcoin prices faced pressure due to geopolitical tensions, dipping to an over six-week low of $98,240 amidst conflicts in the Middle East. Despite this, Bitcoin exchange-traded funds (ETFs) continued to see significant net inflows, accumulating over $1 billion, suggesting ongoing institutional interest. This case underscores the potential for long-term gains in the cryptocurrency market and highlights the volatility tied to global events.

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