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From $332 to nine figures… and he’s still not done😕 There’s an old-school Bitcoiner slowly trimming his position again.
This wallet sold another 500 $BTC today, booked $47.7M in one move. What makes it wild is the origin story -- this same address received 5,000 BTC twelve years ago, back when Bitcoin was sitting around $332. That whole bag was worth just $1.66M at the time.
Since December 4, 2024, he’s been easing out of the position, letting go of 2,500 BTC so far for about $265M, at an average price around of $106K.
And here’s the part that really bends your brain… he still holds the other 2,500 #BTC , worth around $238M today. All in, his total profit is now well beyond half a billion dollars.
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