A Bitcoin OG Whale Holding for 12 Years Completes Liquidation Today, Realizing Over $400 Million in Profit
BlockBeats News, July 21st, according to LookIntoChain, a Bitcoin OG whale address sold the final 1000 bitcoins two hours ago, worth $65.56 million.
The whale had purchased 5000 bitcoins 12 years ago at a price of $332 per bitcoin, totaling $1.66 million. Starting on November 26, 2024, they began selling bitcoins and eventually sold all 5000 bitcoins at an average price of around $87,151, totaling $4.3575 billion, with a staggering ROI of 262x.
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.
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Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
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