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This is the kind of story that reminds you how early some people really were…
An old-school #bitcoin OG ... sitting on 5,000 $BTC from way back — just sold another 1,000 BTC about 8 hours ago, cashing out roughly $71.5M. And the crazy part is...... This isn’t even the first time.
He originally got those 5,000 #BTC 12 years ago at around $332… total cost just $1.66M. Since November 2024, he’s been slowly offloading, already selling 3,500 BTC for about $337M at an average near $96K.
Even after all that… he’s still holding 1,500 BTC, worth over $106M.
SO THE ...Total profit so far? Around $442M. That’s a 266x return.