@dmredacted
An early $BTC adopter who entered at just $332 per coin in 2014 sold another 500 $BTC ($47.77M) recently.
Since December 4, this entity has systematically liquidated half their position: 2,500 coins sold at an average price of $106,164 for a total of $265M.
He still holds 2,500 $BTC ($237.5M) in reserve. The total profit on this trade is already exceeding $500M. This is what generational distribution looks like.
https://intel.arkm.com/explorer/entity/a6f4cb83-3e17-4362-ab60-100374fd7a0f