Reality is always more bizarre than the script—an old guy woke up one day to find he had recovered 9 billion bitcoins that had been dormant for 14 years. These assets, forgotten in earlier years, have now surged 150,000 times in value, with an astonishing market capitalization.
If you suddenly held 8 billion dollars, what would you do? This lucky person’s answer is: crazy cashing out. He is transferring money to outside institutions every minute, and these bitcoins are being resold on exchanges, having already cashed out nearly 4 billion dollars. The cryptocurrency world has seemingly become his private ATM, and the price of bitcoin has also fallen, staging a real-life wealth myth and market turbulence.
