Once again, ancient whales are selling off. This veteran hunter, during the November 2013 wave, bought 5,000 BTC at a bargain price of $332 each. In November 2024, he started to cash out in batches. Just 9 hours ago, he sold another 500 BTC, cashing out $47.77 million.
Even more astonishing, he has gradually transferred 2,500 BTC to a major exchange, totaling $261 million, with an average cost basis of $104,632 per BTC—meaning he has already made a profit of $260 million from this portion alone. It’s worth noting that this batch of coins cost less than $1.66 million initially.
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