The first major purchase of BTS in the new year was made on January 3 by the Bitcoin whale. Perhaps, in honor of the birthday of the block’s genesis, he purchased a large batch of BTC.
According to the service for tracking large crypto transactions Whale Alert, the third largest Bitcoin address added 456 coins to its balance. The average purchase price was $46,363, with a total transaction value of over $21.1 million.
Now the address stores 120,845.57 BTC, which is valued at $5.7 billion. The billionaire's identity remains a mystery.
For comparison, the largest institutional holder of BTC, MicroStrategy, owns 124,391 bitcoins. Elon Musk managed to purchase 48,000 BTC over the past year.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Strong, fast, popular. Cryptocurrency rating forecast
A little futurology. Cryptocurrencies continue to develop rapidly. And at the forefront of these transformations are such “old-timers” as Bitcoin, Ethereum, TRON, as well as “newcomers” - TON (The Open Network), Solana.
TheBlock: Institutions reduced positions in Bitcoin by at least $500 million
Institutions provoked the collapse of Bitcoin by staging a sell-off, The Block insiders report.
