Bitcoin Whale: 2013 Holder Sells Final 1,000 BTC
Bitcoin whale who accumulated 5,000 BTC at $332 in 2013 transferred the last 1,000 BTC worth $65.56 million to Binance after averaging $86,118 on sales.
SourceAnalysis
Bitcoin whale who bought 5,000 BTC at $332 in November 2013 has now offloaded the final 1,000 BTC valued at $65.56 million into Binance, completing a 259x profit cycle that delivered $429 million after 1.5 years of distribution starting November 2024.
The address bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym shows 4,000 BTC already moved earlier at an average $91,258, leaving zero balance after the latest transfer.
With BTC price at $65,972.93 inside the Bollinger Bands, the 4-hour chart shows price testing upper resistance at $67,034.75 while RSI sits neutral at 58.0 and MACD confirms bullish golden cross; this confluence points to potential short-term volatility exhaustion before any test of EMA50 support at $64,824.55.
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@EmberCNAnalyst about On-chain Analysis