One of the Reddit users regained access to the wallet with 127 BTC, which was lost several years ago. This is stated in a message on the r / Bitcoin subreddit.
The author of the post under the pseudonym BitcoinHolderThankU earned bitcoins in 2011-2012 by watching videos and completing tasks but lost the private keys to the wallet. He restored access only in December 2020.
“Over the next week, I have been figuring out how to safely and securely withdraw such a large amount of bitcoins,” wrote BitcoinHolderThankU.
He sold 127 BTC through the OTC platform at $ 33,439 per coin. The commission was 0.15%, and the net profit was $ 4.24 million. The user will invest part of the funds in the shares of companies from the S&P 500 index and continue to “live a normal life.”
Recall that on January 8, Bitcoin set an all-time high, breaking the $ 41,000 mark.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
