This Crypto Trader Turned April’s Market Crash Into a $14 Million Payday — Here’s How

Updated

May 6, 2025

Gambar This Crypto Trader Turned April’s Market Crash Into a $14 Million Payday — Here’s How

Jakarta, Pintu News – “Buy the Dip” has long been a catchphrase for investors, and one crypto trader is proving that the strategy is justified.

While most investors were struggling with the crypto market downturn in April, this trader took advantage of the situation by trading aggressively and made a profit of $14 million. How did he do it? Let’s discuss.

Crypto trader makes $14 million profit from Bitcoin and 20 altcoins

April’s crypto market downturn dealt a heavy blow to many investors. However, as the digital asset starts to show signs of recovery, the spotlight is on one trader who managed to make a huge profit.

In a post on X, Lookonchain highlighted a crypto trader who made a profit of $14 million amid market turmoil, thanks to their investment in a number of tokens.

A whale has been long $BTC, $ETH, $SOL, $LTC, $XRP, $LINK and other 16 tokens in the past month, with a total profit of more than $9M.

Additionally, this whale bought 309 $BTC ($24.68M) at an average price of $79,792, currently sitting on unrealized profits of more than $5M.… pic.twitter.com/LVwmdlmUhf
— Lookonchain (@lookonchain) May 3, 2025

Interestingly, this trader used a leveraged trading strategy and went long on Bitcoin , Ethereum , Solana , as well as 18 other leading altcoins.

With the right decision when the market started to recover, he pocketed a profit of $9 million from the long position. The rest came from unrealized gains on recent Bitcoin purchases.

Crypto Trader Buys 309 Bitcoins – What’s Next?

After pocketing a profit of $9 million, the big trader made another big move by buying 309 BTC worth $24.68 million when the Bitcoin price was at $79,792.

As the price of Bitcoin has risen by 20% since the purchase, he now has an additional potential profit of $5 million. In fact, the profit could have been even greater if he had sold when the price of BTC touched $97,760 last week.

Despite the huge gains, there are concerns about the sustainability of this strategy. Arizona’s governor recently blocked a crypto reserve bill, and uncertainty still looms over Trump’s trade tariffs and other global economic dynamics.

Despite these challenges, the investor still recorded a total profit of $14 million when this report was published.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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