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Ancient whale from 12 years ago sells another 500 BTC, with total gains exceeding $260 million
【BitPush】On-chain data monitoring has revealed that an ancient Bitcoin holder has once again made a large-scale sell-off. This whale established a position 12 years ago in November 2013 at an average price of about $332, accumulating 5,000 BTC at that time. Now, he is gradually cashing out this astonishing paper profit.
According to on-chain tracking data, in just the past 9 hours, this address has sold 500 BTC, with a transaction volume of approximately $47.77 million. And this is just the tip of his recent cash-out activities — since November 2024, the whale has transferred about 2,500 BTC to exchanges, at an average transfer price of around $104,632, realizing a total profit of over $260 million.
Currently, the address still holds about 2,500 BTC, which, based on the current price, is valued at approximately $237 million. This investment from over a decade ago has become an astronomical fortune. From $332 to today’s price, the holder has witnessed Bitcoin’s entire cycle from a fringe asset to a mainstream store of value. His gradual cash-out behavior also reflects the attitude of long-term holders towards the current market — gradually realizing profits rather than liquidating all at once.