bitcoin‘s (BTC) 3rd largest whale continues to add to its portfolio. The unidentified whale currently holds approximately $5.3 billion worth of BTC.
The whale, which has been inactive for a while, has reactivated by purchasing about 750 BTC in the last two days.
BitInfoCharts According to its data, the whale, which bought more than 750 BTC worth approximately $29 million in the last 2 days, increased its total BTC stash to 127 thousand with these latest purchases.
The first purchase of 318 BTC on March 7 was followed by another purchase of 432 BTC. The identity of the whale remains unclear, but some speculate that the account may belong to the cold wallet of a crypto exchange.
However, these movements of the whale are constantly buy from the bottom It is not like an ordinary crypto exchange because it is focused. This makes the question of who these person(s) are even more compelling.
With the purchase of 551 BTC in January, MicroStrategyThe whale, which passed ‘, had reached 124,485 BTC with its purchases at that time. On the other hand, MicroStrategy’s BTC amount at that time was 124,391.
In fact, those who closely followed the movements of the whale at that time Venture Founder “This whale wallet has been a rival to Saylor’s Bitcoin holdings for months.” he said.
Bitcoin Price Action
After falling below the level of 4 days ago, Bitcoin exceeded the level of $ 40 thousand yesterday. However, according to CoinMarketCap, the asset is currently trading at $39,300, falling back below $40,000.
This move seems to have reactivated the third largest whale to buy when it last traded below $38,000.