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Reddit User Discovers 127 Bitcoin At Grandpa’s House

Posted on Jan 11, 2021 | by mcb | Comments: 0

A Reddit user recently came across 127 Bitcoin at his grandfather’s house more than eight years after last accessing the digital tokens.
Immediately after regaining access, the user sold all of the Bitcoin and pocketed over $4 million in the process. According to the user, they received the coins as payment for participating in surveys and some random online tasks.
The user initially intended to purchase a valuable in-game currency called Uridium using the Bitcoin as payment, but opted against doing so.
After holding the coins for eight years, the Reddit user sold them on January 3 for a price of just under $34,000 each.
The user explained that after weighing the various liquidating options, he settled for selling the assets through an “OTC Principal Desk.”
Since receiving the $4.2 million payment, the price of Bitcoin went up by more than $7,000 to $41,000. However, the leading cryptocurrency has since dropped below $33,000.
Read the full story here.

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