Odaily Planet Daily reports, according to Lookonchain monitoring, a Bitcoin OG holding 5,000 BTC sold the remaining 1,000 BTC two hours ago, valued at $65.56 million. The OG acquired the 5,000 BTC 12 years ago at $332 each, for a total cost of $1.66 million, and began selling BTC on November 26, 2024. The entire 5,000 BTC were eventually sold at an average price of approximately $87,151, totaling $436 million in revenue, with a total profit of $434 million and a return of 262x.
Bitcoin OG sells all 5,000 BTC for $434M profit
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Summary
A Bitcoin OG who held 5,000 BTC for 12 years sold the remaining 1,000 BTC for $65.56 million. The original purchase cost was $332 per BTC, totaling $1.66 million. The full sale was completed at an average price of $87,151, generating a total value of $436 million and a $434 million profit—a 262x return. BTC price remains above $87,000, underscoring its continued market dominance.
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