๐ Someone just proved the ultimate HODL strategy actually works.
A Bitcoin wallet dormant for nearly 13 years just woke up, moving 248.8539 BTC that was originally purchased in 2013 for roughly $88,000. That stash is worth $20.2 million today.
Whoever holds those keys sat through the entire crypto horror story. Mt. Gox collapsing and taking 850,000 BTC down with it in 2014. China's repeated mining and trading bans. The FTX implosion in 2022 that wiped out billions and shook confidence in the entire industry. Through all of it, not a single coin moved.
That's a return of roughly 23,000%, or about $20.1 million in pure profit, from simply doing nothing for 13 years while the world panicked around them.
Interestingly, this wasn't an isolated move. A second wallet, dormant for 13 years, also reactivated at the same time, sending 167.8 BTC worth $13.6 million to the same address, bringing the combined reactivation to over $33.8 million from coins originally worth just over $105,000.
The lesson writes itself. The hardest part was never picking the right coin. It was having the conviction to never touch it.
#Bitcoin #HODL #Crypto #BTC #WealthBuilding
A Bitcoin wallet dormant for nearly 13 years just woke up, moving 248.8539 BTC that was originally purchased in 2013 for roughly $88,000. That stash is worth $20.2 million today.
Whoever holds those keys sat through the entire crypto horror story. Mt. Gox collapsing and taking 850,000 BTC down with it in 2014. China's repeated mining and trading bans. The FTX implosion in 2022 that wiped out billions and shook confidence in the entire industry. Through all of it, not a single coin moved.
That's a return of roughly 23,000%, or about $20.1 million in pure profit, from simply doing nothing for 13 years while the world panicked around them.
Interestingly, this wasn't an isolated move. A second wallet, dormant for 13 years, also reactivated at the same time, sending 167.8 BTC worth $13.6 million to the same address, bringing the combined reactivation to over $33.8 million from coins originally worth just over $105,000.
The lesson writes itself. The hardest part was never picking the right coin. It was having the conviction to never touch it.
#Bitcoin #HODL #Crypto #BTC #WealthBuilding