Reddit user finds 127 Bitcoins at his grandpa’s house, sells it for $4 million

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Moreover, the Reddit user claimed that he couldn’t remember why he didn’t buy the in-game currency and that he’s happy that he actually couldn’t. Eight years after the incident, the Bitcoin holder sold his collected Bitcoins into $4 million on January 3 when Bitcoin was trading under $34,000 each.

Redditers doubt the story

However, many Reddit users showcased their doubts about the story, and wondered how he sold that amount of BTC in a short period. Major cryptocurrency exchanges limit selling to a maximum od $100,000 per day.

In a follow-up post, the user says he sold the assets through an “OTC Principal Desk”:

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Screenshot of earnings.
Reddit user’s Screenshot of earnings,

“Anyway, as the days went on I was able to find the most optimal solution which was to sell the assets through an OTC Principal Desk. I went back and forth between different companies and ultimately ended up selling all 127 Bitcoins for a price of $33,439.02 per coin minus a 0.15% fee. The net was roughly $4.24 million.”