A Bitcoin whale who accumulated 5,000 BTC over a decade ago just offloaded another 500 BTC, pocketing $47.77M at current prices. That's a striking contrast to the original acquisition cost—back when BTC was trading around $332, those 5,000 coins cost just $1.66M to accumulate. The selling spree kicked off in early December 2024, with this holder dumping 2,500 BTC (worth roughly $265M) since then at varying average price points. This pattern raises questions: Is this a strategic exit, or simply taking profits after years of explosive appreciation? Either way, whale movements on this scale tend to signal important market sentiment shifts worth monitoring.
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ConfusedWhale
· 3h ago
Big fish escape, retail investors' bloodbath...
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LiquidityNinja
· 3h ago
Big Fish throws coins, is it trying to dump the market or just want to secure profits...
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FarmHopper
· 3h ago
Selling off again? Could it be that this whale is liquidating their holdings...
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GasGuzzler
· 4h ago
Bro, this cash-out move is brutal - been accumulating since $332 and now it's printing money... but dumping 2500 coins at once, makes me think they're really about to exit?
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GateUser-a180694b
· 4h ago
Damn, going from $1.66M to $265M, that must feel amazing... but now that so much is being dumped out, it feels like a change is coming.
A Bitcoin whale who accumulated 5,000 BTC over a decade ago just offloaded another 500 BTC, pocketing $47.77M at current prices. That's a striking contrast to the original acquisition cost—back when BTC was trading around $332, those 5,000 coins cost just $1.66M to accumulate. The selling spree kicked off in early December 2024, with this holder dumping 2,500 BTC (worth roughly $265M) since then at varying average price points. This pattern raises questions: Is this a strategic exit, or simply taking profits after years of explosive appreciation? Either way, whale movements on this scale tend to signal important market sentiment shifts worth monitoring.