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Third-biggest Bitcoin whale's holdings total $6B after 'whopping' 2.7K BTC buy-in
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Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more.
Blockchain data from on-chain monitoring resource BitInfoCharts among others highlights how one entity "bought the dip" like no other.
After buying frequently since BTC/USD hit $69,000 all-time highs last month, the wallet holder upped the ante overnight with a single purchase of 2,700 BTC — taking their total to 118,017 BTC.
The buy dwarfs previous recent transactions, and as popular Twitter account Venturefounder noted, takes the holder's balance to "whopping" record levels.
"This is officially the highest number of Bitcoin EVER held in this wallet: 118,017 BTC, in total the whale has put $2.5B USD to buy BTC with an
Read more on cointelegraph.comAbout this in other media
Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban cryptonews.com /2 years ago
Bitcoin, Ethereum face largest correction since 19 May; is it time to buy the dip ambcrypto.com /2 years ago
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /2 years ago
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