Early Bitcoin investor sells 250 BTC, profit hits $578M

An early Bitcoin investor has sold an additional 250 BTC ($29.68 million), bringing their total sales to 1,000 BTC ($106 million) in the past eight months, according to Lookonchain on X. The investor initially bought 5,000 BTC for $1.66 million 12 years ago and now holds 4,000 BTC, with a total profit of $578M, a 349x return.