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Bitcoin Price USD: Early Whale Sells Final 1,000 BTC, Secures $434 Million Profit
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
An early Bitcoin holder sold the remaining 1,000 BTC worth about $65.56 million, completing the sale of all 5,000 BTC over the past several months. The investor originally received the coins 12 years ago when Bitcoin traded at around $332, with a total cost of about $1.66 million. The entire 5,000 BTC was sold at an average price of roughly $87,151, generating an estimated profit of $434 million and a 262-fold return.
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