An Ethereum investor has made headlines after turning a $151,000 investment into a whopping $131.72 million in just two years, holding strong through market turbulence. This remarkable profit highlights the power of patience in the often-volatile crypto market.

Blockchain analytics firm Lookonchain identified the wallet belonging to the investor, who bought 96,639 ETH in early September 2022 during the bear market. At the time, Ethereum was trading at around $1,567 per token. The investor moved over 70% of their holdings—70,000 ETH—to Kraken in March 2024 when Ethereum's price surged to $3,062, making the transfer worth $214.34 million.

Despite selling the bulk of their assets, the investor still holds 26,639 ETH, valued at approximately $68.81 million today. This demonstrates the strategy of holding through volatile markets, a tactic known as having “diamond hands,” where traders resist panic-selling in response to short-term dips.

This success story mirrors other examples of long-term crypto gains. A Shiba Inu investor recently earned $1.1 million from a $2,625 purchase made in 2021. Similarly, another trader turned $3,000 into $46 million by riding the memecoin wave during the resurgence of the GameStop saga.

These stories highlight the potential rewards of holding onto crypto investments despite market fluctuations, a strategy that can yield significant profits for those willing to stay the course.