Third in the ranking of whales, BTC is accumulating cryptocurrency, while many investors are selling bitcoin in a panic in China.
An unknown large holder the day before yesterday, September 21, bought 321 BTC (about $ 13 million). On the night of September 23, the price of bitcoin jumped to more than $ 44,000 and the giant’s appetite increased. He bought another 408 BTC (about $ 18 million). As a result, the amount on his wallet increased to 112,202.52 BTC, almost $ 5 billion.
A large investor was very active throughout 2021. In April, when Bitcoin surged above $ 60,000, it sold a significant portion of its cryptocurrency. After the bitcoin rate fell below $ 30,000, the whale continued to accumulate crypto assets. And in just two weeks of Bitcoin’s fall from $ 53,000 to $ 40,000 and below, he acquired BTC worth about $ 170 million.
Expert of the analytical company CryptoQuant
tagged on Twitterthat this is the seventh purchase of the “whale” since the moment he bought bitcoin for $ 50,000 in early September.
The behavior of this “whale” is directed towards the long term. While some other “whales”, according to the indicator
ОкLink, get rid of Bitcoin, probably counting on its volatility, he is actively buying BTC. It remains to be seen who this mysterious bitcoin investor is, who is pursuing a strategy different from other whales. It can be either a “shadow billionaire” or a large company or stock exchange.
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