A massive bitcoin whale wallet holding has only added $ 200 million worth of bitcoin to its position after selling more than 11,400 Bitcoin in the last few months – in conjunction with a recent rebound for the original cryptocurrency.
The bitcoin (Btc) Whale added 2,400 Bitcoin – costs more than $ 200 million – on their stash on March 24, blockchain analytics firm Arkham Intelligence Says In an x post.
Data shared by the firm shows that despite some sales in February, after the latest purchase, the whale holds more than 15,000 Bitcoin in its pursecosts more than $ 1.3 billion, at current prices.
“A $ 1 billion Bitcoin whale has just retreated $ 200 million of Bitcoin this morning from Binance,” Arkham said.
The whale began taking Bitcoin five days ago after its stash sold when the price of Bitcoin was between $ 100,000 and $ 86,000 in February. Coingeck data Shut up On February 1, Bitcoin costs more than $ 104,000, but it continues to refuse to hit a low $ 78,940 in Feb.
Source: Arkham Intelligence
The movement of the whale came in the middle of a recent rebound of bitcoin price.
Bitcoin trades $ 81,000 and $ 88,000 in the last seven days, According to In Coingecko, with a price of 3% on March 24, which moved itself from $ 76,900 low on March 11.
The bitcoin whale woke up from sleep
At the same time, Another whale of bitcoin woke up after eight years of dormancy, moving more than 3,000 Bitcoin, worth $ 250 million, in a transaction on March 22.
“His Bitcoin stack came from $ 3M in early 2017 to over $ 250m today – and he will hold Bitcoin at an address for more than 8 years,” Arkham Says In a post of March 22 x.
Another big Bitcoin holder, BlackRock, the world’s largest manager owner with approximately $ 11.6 trillion in the property under management, became Continues to accumulate more bitcoin In the past week, too, According to To Arkham.
Throughout 15 transactions, the asset manager bought an extra 4,054 bitcoin, giving it a total stash of 573,878, worth more than $ 50 billion, data on bitcoin tracker of bitcoin Shut up.
Blackrock’s ishares Bitcoin Trust (ibit) also led a fund rally exchanged by the Bitcoin exchange (ETF) in the US, who snaps five weeks Net outflow streak by consuming a net inflow of $ 744.4 million.
Most net inflows came from Blackrock’s Ishhares, which recorded $ 537.5 million, followed by Wise Origin Bitcoin Fund (FBTC) with $ 136.5 million.
Bitcoin whales are not the only ones that accumulate more crypto. Lookonchain used Arkham’s data to track a Lone ether whale that added 7,074 ether (Eth) in its availability on March 21, worth $ 13.8 million.
Source: Lookonchain
Ether moves between $ 1,876 and $ 2,097 In the last seven days, coingecko data Shut up. It still dropped by more than 57% from all times high $ 4,878, which hit it in November 2021.
However, this is Open interest to a new all-time high on March 21, and the number of addresses with at least $ 100,000 worth of ether began to rise at the beginning of Marchfrom more than 70,000 addresses on March 10 to 75,000 on March 22.
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