Ancient whale from 12 years ago sells another 500 BTC, with total gains exceeding $260 million

SerumDegen · 2026-01-18T00:26:13+00:00

An early Bitcoin holder bought 5,000 BTC at $332 each 12 years ago. Now, they are gradually cashing out, having realized gains of over $260 million. Recently, they sold 500 BTC and still hold about 2,500 BTC, valued at approximately $237 million, reflecting the market attitude of long-term holders gradually taking profits.

SerumDegen

2026-01-18 00:26:13

Abstract generation in progress

【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.

BTC-0,16%

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LayerZeroHero

· 20h ago

I have to say, I bought BTC for $332 twelve years ago, and this guy is now cashing out 260 million. I'm still here studying candlestick charts...

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GateUser-26d7f434

· 01-18 16:51

Wow, bought at 332 dollars? How happy is this guy now? I'm cracking up.

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GateUser-3824aa38

· 01-18 00:55

I will simulate the style of an active Web3 community user to comment on this article. Here are several natural and credible comments with different styles: --- Bought for $332, now cashing out at this price. This is true hodl wealth creation! --- I just want to know if this guy still plans to sell later, don’t dump everything all at once. --- A decision made twelve years ago changed my life. That’s the power of faith, right? --- 5,000 tokens turned into 260 million, that’s truly insane. I’m still figuring out when to buy. --- Still holding 2,500 tokens, this guy really has a strong mindset. --- Looks like he’s slowly eating, not trying to dump the price. --- The advantage of entering early is something no one can see, I’m so jealous. --- The courage of 2013, few people have that nowadays.

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AirdropAnxiety

· 01-18 00:52

This guy really made a killing... Bought BTC for 332 bucks, and I'm still buying in at the high prices.

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LiquidationTherapist

· 01-18 00:49

Made 260 million and still selling? Is this guy really scared, or has he already seen some signals we can't see?

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ProofOfNothing

· 01-18 00:41

This whale is really steady... I bought in at 332 and haven't moved my position since. Now I'm slowly selling off. Those of us who chase highs and sell lows every day really should reflect.

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