An OG who received 5,000 $BTC 12 years ago sold another 500 $BTC($47.77M) today.
This OG originally received the 5,000 $BTC 12 years ago($1.66M at the time), when BTC was priced at $332.
Since Dec 4, 2024, he has been selling $BTC, dumping 2,500 $BTC($265M) at an average price of $106,164.
He still holds 2,500 $BTC ($237.5M), with total profits exceeding $500M. This is normal cycle behavior: long-term holders distributing into strength. Liquidity is deep enough to absorb it without issue

BTC
BTCUSDT
67,541.8
-0.75%