According to the BitInfoCharts platform, the wallet address first received bitcoins on March 8th. Over the next three months and two weeks, the wallet accumulated 118,000 BTC.
All these circumstances gave rise to several theories about the owner of the wallet. Some users speculate that this is most likely a cryptocurrency exchange transferring funds. Some have suggested a wilder theory that BlackRock is the main holder of the wallet.
On June 15, BlackRock made a splash in the cryptocurrency market by filing for a Bitcoin ETF spot product, which, if approved by the Securities and Exchange Commission (SEC), will be the first investment product of its kind in the United States.
In August, observers noticed the movement of a large amount of bitcoins mined in 2010, and some representatives of the cryptocurrency community even believed that Satoshi Nakamoto himself moved the coins.
In February
reported on the withdrawal of 412 BTC, lying dormant for over ten years.
Source: Bits
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