The third largest “whale” acquired BTC for $ 37 million!
On October 26, a large investor purchased 596 BTC worth more than $ 37.5 million at an average price of $62,934. Previously, the whale has already made several purchases and sales in accordance with the movement of the BTC price.
He has been very active throughout 2021. For example, in April, he sold a significant part of the reserve in bitcoins when the cryptocurrency rose above $ 60,000. He then began to re-accumulate the cryptocurrency when the asset lost half its value in the following months. And in just two weeks of bitcoin falling from $53,000 to $40,000 and below, the investor purchased BTC worth about $ 170 million.
As a result, the balance of his wallet increased to 106 354.57 BTC – almost $ 6.7 billion.