An early Bitcoin miner sold 100 ancient Bitcoins and made a profit of US$3.5 million.
A early Bitcoin miner who mined during the era of Satoshi Nakamoto recently earned approximately $3.5 million in profit by selling 100 BTC. Benjamin Brannan, the Business Development Manager of CryptoQuant, revealed that these tokens are 13 years old and were initially worth only $1 in total. The early Bitcoin miner transferred the 100 BTC on November 7th when the price of Bitcoin was around $35,000. It is estimated that the eventual sale of all the tokens brought the miner over $3.5 million in profit. (beincrypto)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investors Pivot to Bitcoin and Major Altcoins as Memecoin Hype Fades
Bank of England boss says stablecoins require 'high bar' regulations, still exploring a UK CBDC
Bank of England Governor Andrew Bailey said that bitcoin and stablecoins will require different approaches to regulation.The central bank chief also confirmed it was still looking into a CBDC in collaboration with the UK government.
Sol Strategies tapped as staking provider for 3iQ’s proposed Solana Staking ETF in Canada
3iQ submitted on Jan. 28 the preliminary prospectuses with the Ontario Securities Commission and other Canadian regulators to list the 3iQ Solana Staking ETF.As of Jan. 31, Sol Strategies and its subsidiaries held an aggregate of 189,968 SOL, worth about $38 million at press time.
LAYERUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
