Bitcoin OG Realizes $29.68M from Latest Sale — Now Up $578M with a 349x Return

A legendary Bitcoin OG wallet — bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym — has just sold another 250 BTC, worth approximately $29.68 million, just 4 hours ago.

This address originally received 5,000 BTC at an average price of $332 over 12 years ago, with a total cost basis of just $1.66 million.

Over the past 8 months, the OG has been gradually selling, offloading 1,000 BTC so far (≈$106 million at ~$106,000 per BTC).

That puts their total profit at an incredible $578 million, marking a 349x return on the original investment.

True diamond hands — and a masterclass in long-term conviction.