Bitcoin OG Completes Exit of 5,000 BTC After 12 Years, Books $434M Profit

BTC1.38%
According to Lookonchain, a Bitcoin holder sold the remaining 1,000 BTC worth $65.56 million two hours ago (July 21), completing the disposal of 5,000 BTC acquired 12 years earlier at $332 per coin. The holder obtained the tokens for a total cost of $1.66 million and sold them at an average price of $87,151 each, generating total proceeds of $436 million and a profit of $434 million, representing a 262x return.
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