Some of us have a hard enough time justifying the purchase of a $2 scratchie at the local deli, let alone spending close to half a billion one of the world’s most volatile cryptocurrencies, but then again, we aren’t the anonymous trader making world headlines, are we?

Earlier this year, Bitcoin investors thought the end was near when the cryptocurrency saw as much as 50% of the market lost amidst fears of growing regulations within the community. However, in the last twelve days alone, the market has almost doubled, going from AUD $7,888 per Bitcoin to the current price of AUD $13,902. Needless to say, confidence as risen, and with it, investors have again begun to take risks.

As Investopedia reports, one investor clearly saw the market regaining momentum once again, choosing to buy up almost USD $400 million of the currency while it was at its lowest point.

Reportedly, the anonymous investor made their purchase between February 9th and 12th, seeing their balance rise from 55,000 BTC to 96,000 BTC (which, if you’re paying attention at home, is USD $1,017,296,154 at today’s price).

“Not sure who that big buyer was,” said Tetras Capital founding partner Alex Sunnarborg. “But many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,”.

While many are speculating about just who this brave investor is, you can be certain that if the Bitcoin market continues to rise as expected, then this might just be one of the smartest moves made by anyone in recorded history.

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