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An ancient “smart money” bought 80,000 $BTC in 2011 for just $218,000,
20,000 $BTC at $0.78,
more than 60,000 $BTC at $3.37.
For 14 years, it completely disappeared.
Last year, he cashed out—this was one of the largest Bitcoin transactions in history, turning $218,000 into $9,000,000,000.
Did he believe the industry’s windfall had already run out, and therefore choose to exit entirely?