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Reddit User Discovers 127 Bitcoin At Grandpa’s House

  • 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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