An interesting on-chain data point has emerged—a primordial whale who has been accumulating since 2013 has recently been very active.
This large holder spent $332 per BTC to acquire 5,000 BTC twelve years ago, back when many people still considered BTC a toy. By November 2024, he suddenly started systematically selling off, and 9 hours ago, he offloaded 500 BTC( worth $47.77 million).
Currently, this whale has transferred 2,500 BTC to a major exchange, equivalent to $261 million, with an average transaction price around $104,632. From another perspective, this represents a profit of over 300 times—from $332 to over $100,000.
It's worth pondering: why did he start reducing his holdings precisely at this point in time? Does he think the price is right, or is he signaling something to the market? Every move by a whale is often worth paying close attention to.
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LiquidatedNotStirred
· 1h ago
Hey, wait a minute, why is this guy only starting to throw punches now? What was he doing earlier?
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HashBard
· 11h ago
ngl this ancient whale dumping after 12 years feels like watching someone finally cash out their lottery ticket... $332 to $104k is the kind of narrative arc that breaks people's brains
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CrashHotline
· 14h ago
$332 to buy 5,000 BTC? Damn, that must be some serious faith. Now each one is over 100,000.
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ArbitrageBot
· 14h ago
Is this whale trying to dump the market... or has it really reached the point of distribution?
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TokenomicsPolice
· 14h ago
Ancient whales crashing the market now? Feels like it's about to rain...
Brothers, it's time to wake up, isn't it? Isn't this just a signal?
From 332 to over 100,000, it would take half a day to realize that profit.
I just want to know how many whales are still waiting behind the scenes.
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GovernancePretender
· 14h ago
Oh my god, this whale is finally going to sell off. Who would have thought at $332...
An interesting on-chain data point has emerged—a primordial whale who has been accumulating since 2013 has recently been very active.
This large holder spent $332 per BTC to acquire 5,000 BTC twelve years ago, back when many people still considered BTC a toy. By November 2024, he suddenly started systematically selling off, and 9 hours ago, he offloaded 500 BTC( worth $47.77 million).
Currently, this whale has transferred 2,500 BTC to a major exchange, equivalent to $261 million, with an average transaction price around $104,632. From another perspective, this represents a profit of over 300 times—from $332 to over $100,000.
It's worth pondering: why did he start reducing his holdings precisely at this point in time? Does he think the price is right, or is he signaling something to the market? Every move by a whale is often worth paying close attention to.