YouTuber Casey Neistat tweeted on Nov. 6 that he had bought Ethereum (ETH) back when it was $40 in 2017 and was still holding onto the purchase.
- Neistat had purchased ETH for $40 in 2017, which would put the purchase date at march 2017
- He made the tweet shortly after an initial tweet where he simply said ‘btc!’, likely in reponse to the sharp rally the asset has experienced over the past 2 weeks
- At its current price of approximately $450, Neistat’s returns on the investment is over 1000%
- The price of ETH has increased nearly 17% over the past week, just as the development team readies the launch of ETH 2.0
- Neistat is a popular YouTube personality and co-founder of multimedia company Beme
- He has tweeted about cryptocurrencies on multiple occasions before, having asked Elon Musk whether the company would accept payments for the Tesla Roadster in BTC