【ChainWen】Interestingly, a big whale that had been dormant for 12 years has recently become active again. This fellow accumulated 5,000 BTC in November 2013 at an average price of $332, resulting in an incredibly low purchase cost. Then it just lay dormant for a full 12 years, until November last year when it started selling.
In less than two months, it has already sold 2,500 BTC, cashing out to a major exchange at an average price of around $104,000, totaling $260 million. Just this move alone has achieved a super terrifying return. Currently, the wallet still holds 2,500 BTC, which is estimated to be worth $237 million based on recent prices.
If this guy were to sell all the remaining coins, how exaggerated would the overall profit be? From $332 to over $100,000, this is the ultimate return for holding Bitcoin for more than ten years. Of course, such a whale’s activity also becomes a key focus for on-chain analysts, as transfers of this level can influence market sentiment.
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FlatlineTrader
· 4h ago
This is what true "lying down to win" looks like. The coin hoarders from 12 years ago are now harvesting, and we latecomers can only envy.
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BridgeTrustFund
· 4h ago
Wow, this is the real hodl. Sitting on 260 million since 2012.
It's really outrageous. I bought in 2017 and didn't achieve this kind of result.
Is this guy still going to keep throwing? Can you stop throwing? I'm afraid you'll crash the market.
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fren_with_benefits
· 4h ago
Wow, I really just got a free win. Just sleep for 12 years and take off directly. I still haven't sold half of it...
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MainnetDelayedAgain
· 4h ago
12 years of lying flat = 260 million. According to the database, this guy will eventually turn his life around. The art of patiently waiting for the flowers to bloom is indeed extraordinary.
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HodlVeteran
· 5h ago
This guy is really a real-life version of "All-in to the end." 12 years ago, I also wanted to do the same, but I couldn't resist cutting losses in 2017 [bitter smile].
Hey, speaking of which, this brother has only sold half. Is he still waiting for a higher price, or has he spotted some trend?
Really, watching stories of holding coins to make money makes me think of the days I frequently traded back then. Now I finally understand what "lying down to win" means...
Retail investors shouldn't think about chasing highs. Once a whale of this size makes a move, where do the chives have any chance?
From 332 to 104,000, I swear, this profit curve could scare a lot of people... Should I hold onto my coins again?
BTC accumulators from 12 years ago start cashing out: 5,000 whales sell half in 2 months, profits exceeding $260 million
【ChainWen】Interestingly, a big whale that had been dormant for 12 years has recently become active again. This fellow accumulated 5,000 BTC in November 2013 at an average price of $332, resulting in an incredibly low purchase cost. Then it just lay dormant for a full 12 years, until November last year when it started selling.
In less than two months, it has already sold 2,500 BTC, cashing out to a major exchange at an average price of around $104,000, totaling $260 million. Just this move alone has achieved a super terrifying return. Currently, the wallet still holds 2,500 BTC, which is estimated to be worth $237 million based on recent prices.
If this guy were to sell all the remaining coins, how exaggerated would the overall profit be? From $332 to over $100,000, this is the ultimate return for holding Bitcoin for more than ten years. Of course, such a whale’s activity also becomes a key focus for on-chain analysts, as transfers of this level can influence market sentiment.