(this article is based on data from @Arkham )
12 years ago, this OG wallet received 5,000 $BTC when the price per coin was only $332 (total value about $1.66 million)
That amount of Bitcoin has been held by the wallet owner despite going through all the ups and downs of crypto: bubbles, FUD, ....)
Recently, OG started to realize his profits: From December 2024, he began selling 50% of his $BTC at a price of $106,000 -> Bringing in $265 million
Currently, the wallet still holds 2,500 BTC worth about $237 million -> The profits of this OG wallet have exceeded $500 million
The story of this OG wallet helps me see some things:
This is not an action of "buy and forget" but rather a mindset about time from those who believe in Bitcoin and the cryptocurrency market
Most new investors in the market always hope for huge profits: x2, x5 in a few weeks but are often weeded out after a while
The market will reward those investors:
Understand what you are holding (Bitcoin or Altcoin)
Accept volatility (FUD, FOMO)
Give your assets enough time to verify their value
-> This investor is not rich by luck; he is rich because he has been patient for 12 years, while 90% gave up from the early stages of Bitcoin
-> The market always has opportunities. But only those who are patient enough can truly retain their gains.
