Bitcoin OG: Sells Final 1,000 BTC for $65.56M

Bitcoin OG offloaded the final 1,000 BTC worth $65.56 million two hours ago, completing the sale of 5,000 BTC that began on November 26, 2024.

The address received the original 5,000 BTC for just $1.66 million at $332 twelve years ago and exited the entire position at an average price near $87,151, locking in $434 million profit for a 262x return.

Price action on the 4-hour chart shows BTC trading at $65,932.95 inside the Bollinger Bands with the upper band at $67,030.04 acting as immediate resistance. The EMA50 at $64,822.98 and EMA200 at $63,673.01 continue to function as layered support while MACD holds a bullish golden cross at 506.5 and RSI sits neutral at 57.6, suggesting any pullback would likely find bids at the 50-EMA before the next leg higher.