Ancient whale sells 500 BTC in 9 hours, earning 260 million in profits
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On-chain monitoring shows that the ancient whale address bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym sold 500 BTC within 9 hours, worth $47.77 million. This address accumulated 5,000 BTC 12 years ago at a price of $332 per BTC, and has been gradually selling since November 2024. So far, it has transferred 2,500 BTC to an exchange, with total profits reaching $260 million, at an average price of approximately $104,632. The address still holds 2,500 BTC, worth about $237 million. (Yujin)
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