Bitcoin OG sells 3,000 BTC for $363.87M USDC at $121,291 each

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Bitcoin OG sells 3,000 BTC for $363.87M USDC at $121,291 each

Cryptobriefing2025/10/08 19:33

By:Cryptobriefing

Key Takeaways

A Bitcoin early adopter sold 3,000 BTC for $363.87 million USDC, valuing each Bitcoin at $121,291.
The sale is part of a broader trend where Bitcoin whales diversify their holdings.

A Bitcoin early adopter sold 3,000 BTC for $363.87 million USDC today, with each Bitcoin priced at $121,291. The investors previously sold 35,991 BTC to acquire 886,371 ETH.

The transaction represents part of a broader pattern among Bitcoin whales converting holdings into other digital assets. Recent activity shows long-term Bitcoin holders increasingly diversifying portfolios through rotations into Ethereum and stablecoins.

USDC has become a preferred vehicle for cryptocurrency whales seeking quick liquidity during large trades. The stablecoin provides immediate access to dollar-denominated value without the volatility associated with other crypto assets.

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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