OG is taking action! The old player who entered the market at $332 in 2013 is selling coins again.
Brothers, this is the true “diamond hand”!
Arkham monitoring shows that an OG who bought 5000 bitcoins at an average price of $332 in 2013 transferred another 500 BTC to Binance yesterday. Just a week ago, he transferred 1000 coins, this is the second wave.
Let's do the math:
· Cost: $332 per coin
· Current price: $69,000
· Yield: 207 times
The total cost of 5000 coins was only $1.66 million, and now it’s worth $345 million. This OG could sell everything now and still make a huge profit.
Why is this worth paying attention to?
1. Textbook level “gradual profit-taking” — not a complete liquidation at once, but slowly selling 1000 last week and 500 yesterday. This is the rhythm of the old player.
2. Faith from 2013 is being realized — bought in 2013, went through Mt. Gox, 94, 312, 519, FTX collapse, and has held on all the way. Now choosing to sell in batches shows he believes “this position is worth starting to cash out”.
3. Emotional signals — when the most steadfast diamond hands start to loosen up, short-term market sentiment may be affected. But this level of OG usually doesn't sell at the highest point, but rather at a “good enough” position.
Impact on the market:
· Short-term: Selling pressure of 1500 BTC (about $100 million), which is not significant for current liquidity, but psychologically leaning bearish.
· Mid-term: If more OGs follow suit, it may form a temporary top.
· Long-term: Old players cashing out does not mean the bull market is over, it just means they choose to secure profits.
Words for the brothers:
This OG has taught us a lesson over 13 years:
· Holding on is the real skill.
· Gradual selling is the higher realm.
· Don't aim to sell at the highest point, selling at “good enough” is sufficient.
Suggestions from Dahuai:
· Don’t panic — the selling pressure of 1500 coins is not enough for a single day's net inflow of an ETF.
· Learn strategies — build positions gradually, take profits in batches, and don’t always aim for an all-in approach.
· Pay attention to on-chain data — if more OG addresses start transferring coins to exchanges, it’s time to be cautious.
Finally, let me ask: Can the coins in your hand be held for 13 years?
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