Bitcoin market has once again presented an interesting story. A seasoned holder, after being silent for 13 years, recently transferred 909.38 Bitcoins from their wallet to a new address. Based on the current price, this asset is worth approximately $84.6 million.
The most attention-grabbing aspect is how low the cost basis of these Bitcoins is. When this holder first acquired these coins 13 years ago, the price of Bitcoin was less than $7 each. Since then, the increase has reached nearly 14,000 times — a figure that seems almost unbelievable for any investment asset.
Long-term holding, early entry, and sitting back to win — this combination always seems to create wealth myths in the crypto market.
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retroactive_airdrop
· 21h ago
Damn, this guy slept for 13 years and made 84.6 million dollars. Did I open a fake Bitcoin?
Really, back when it was $7 per coin... my mom was still using a feature phone.
All I can say is that lying down and winning is really something only early adopters can experience. Now entering the market just makes you a bag holder.
This guy wakes up, and his paper wealth has multiplied by 14,000 times. That's how a life winner is born.
What does transferring to a new address mean? Is he about to dump or do something else? Does anyone know?
Honestly, I feel a bit envious, but I have to admit that long-term holding is truly powerful.
But if it’s really him waking up, how big do you think the fluctuations will be... the entire market will have to watch his every move.
That’s what true faith is. We, the retail investors, watch the ups and downs every day, while he’s just sleeping peacefully.
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ZKProofEnthusiast
· 21h ago
Wow, Bitcoin bought for 7 yuan is now worth 84.6 million. This is unbelievable... Can I really just sit back and win for 13 years?
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DataChief
· 21h ago
Wow, bought it for 7 bucks? This guy really just got lucky... Why didn't I think of that back then?
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NeverPresent
· 21h ago
Wow, bought it 13 years ago for 7 bucks, now it's 84.6 million... This is the real wealth secret.
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gas_fee_therapist
· 21h ago
Wow, I bought this coin 13 years ago for 7 yuan, and now it's 84.6 million... This is just unbelievable.
Really incredible, early entry was like cheating. Now that we're in, all we can do is watch and cry.
This guy must have steady hands; a single move of his wallet is at this level. How calm must he be?
Honestly, I'm a bit jealous, but I also truly admire those who can hold on for 13 years without changing their mind.
That's why I always say you should eat your private key, long-term holding is the way to go.
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ApeWithNoChain
· 21h ago
Wow, only once in 13 years to move the wallet? This guy really has incredible self-control. I couldn't hold back anymore.
Bitcoin market has once again presented an interesting story. A seasoned holder, after being silent for 13 years, recently transferred 909.38 Bitcoins from their wallet to a new address. Based on the current price, this asset is worth approximately $84.6 million.
The most attention-grabbing aspect is how low the cost basis of these Bitcoins is. When this holder first acquired these coins 13 years ago, the price of Bitcoin was less than $7 each. Since then, the increase has reached nearly 14,000 times — a figure that seems almost unbelievable for any investment asset.
Long-term holding, early entry, and sitting back to win — this combination always seems to create wealth myths in the crypto market.