Bitcoin ‘OG’ Sells After 12 Years, Locking in 31,250% Profit

https://www.benzinga.com/crypto/cryptocurrency/26/01/49985614/bitcoin-og-sells-after-12-years-locking-in-31250-profit

10 Comments

  1. tldr; A Bitcoin whale, inactive for over a decade, sold half of its 5,000 BTC holdings, originally purchased in 2012 for $332 per Bitcoin, securing a 31,250% profit. The sales, totaling approximately $265 million, were conducted methodically over several months. The wallet still holds 2,500 BTC worth $237.5 million. This significant activity from a long-dormant holder has raised concerns about potential market impacts, as Bitcoin’s price hovers near $100,000.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Stories like this remind me why Bitcoin is still the king. No other asset has created this kind of generational wealth for early believers. The 2013 OGs earned this for sure.

  3. Damn I got my first three bitcoins for $90. I was broke AF back then. And I sold them like a paper handed bitch around $1000.