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A long-dormant<a href="https://u.today/bitcoin-news" rel="noopener noreferrer nofollow">Bitcoin</a> whale has emerged from the shadows and begun selling. The wallet, tagged by Arkham as "5K BTC OG," originally received 5,000 BTC in 2012 when the price was just $332, totaling only $1.66 million. Today, that stash is worth nearly half a billion dollars, and the entity has already cashed out half of it.
According to data from<a href="https://x.com/lookonchain/status/2012714486457843934?s=20" rel="noopener noreferrer nofollow">Lookonchain</a> and Arkham, the wallet began offloading Dec. 4, 2024. Since then, it has sold 2,500 BTC in multiple transactions, earning about $265 million at an average exit price of $106,164.
Just hours ago, an additional 500 BTC was sent to Binance, valued at $47.77 million. This marks the latest wave of exits from this 12-year-old holder. <img src="https://pbs.twimg.com/media/G-6ZJkWXcAAJryl?format=jpg&amp;name=large" alt="&quot;&quot;">
The selling behavior appears organized and calculated. Rather than fully liquidating, the OG has moved 250-500 BTC per deposit, spreading the outflows across at least 10 Binance-bound transactions over five months.
These moves suggest an intent to blend into greater liquidity zones to avoid high slippage and automated market maker detection.
<h2 id="story-is-not-over">Story is not over</h2>
The wallet still holds 2,500 BTC, valued at $237.5 million, which could hit the market next. With<a href="https://u.today/scam-alert-282-million-in-bitcoin-and-litecoin-lost" rel="noopener noreferrer nofollow">Bitcoin's price</a> just below $100,000, a substantial dump of this size from legacy holders could push the market down further into an already congested resistance zone.
The OG’s total profits now exceed $500 million, making this one of the most successful HODL-to-exit arcs in<a href="https://u.today/10x-for-bitcoin-is-conservative-says-samson-mow" rel="noopener noreferrer nofollow">Bitcoin history</a>. While long-term believers applaud the "diamond hands," many traders are nervous. These coins have been inactive since the early post-Satoshi era, but now they are active and liquid. Half of them are already gone.
Will the next 500 BTC drop coincide with a rejection at $100K — or will it be absorbed fully at once? <a href="https://u.today/500-million-bitcoin-whale-awakens-after-12-years-dumps-millions-with-31250-profit" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

$500 Million Bitcoin Whale Awakens After 12 Years, Dumps Millions With 31,250% Profit

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