An early Bitcoin ($BTC) holder has dumped a significant number of coins. In this respect, the Bitcoin OG, going by “5K BTC OG,” has transacted 2,500 $BTC to a deposit address on Binance. As per the data from the market intelligence platform Arkham Intelligence, this huge Bitcoin offloading has gained market-wide attention, raising speculation. This comes at a time when US and Iran are on the brink of another military tussle. As a result, the move, which underscores a liquidation series, could lead to drastic market moves amid the volatile conditions.
Bitcoin OG’s Strategic $BTC Liquidation Advances Further with $265M Dumped
With the dumping of 5000 $BTC, the Bitcoin OG, “5K BTC OG,” has transacted up to $265M to a Binance-based address since December 2024. This offloading started following years of accumulation. Particularly, this holder’s Bitcoin ($BTC) accumulation journey started over twelve years ago. At that time, the leading crypto asset was changing hands at $332.
However, since the year 2024’s December, the holder began selling the $BTC holdings, generating a value of up to $265M. The respective amount has an impressive average of up to $106,000 per coin. Specifically, the holder has capitalized on the sustained price of Bitcoin throughout 2025 and early 2026. This comes after the meteoric value rise that the holder’s wallet recorded in 2021 onwards.
Early $BTC Holder Remains up $500M+ Despite Liquidations
According to Coin Bureau, despite this offloading, the Bitcoin OG’s wallet still contains a noteworthy 2,500 $BTC. This equals a value of nearly $237M at the moment. Keeping this in view, at a per-$BTC value of almost $332, the holder is reportedly up $500M+. Nevertheless, the actual market impact of the large-scale $BTC liquidation trend remains to be seen in the near future.
