On-chain analysts try to determine who owns a Bitcoin pockets that’s accumulating big quantities of BTC at a relentless tempo.
The unknown entity dubbed “Mr. 100” has purchased not less than 100 BTC almost each day together with weekends since February 14th – accumulating a complete of 3806.54 BTC value $207,996,959 in that temporary time-frame.
Zooming out, the whale has been lively since November of 2022 and now holds 47,192.78 BTC value a staggering $2,581,599,105 at time of publishing, making it the fifteenth largest Bitcoin whale in existence.
Good morning.
“Mr. 100” purchased his common 100 #Bitcoin 3 instances already? https://t.co/7OswsKKPOm pic.twitter.com/eMtvvp5kca
— HODL15Capital ?? (@HODL15Capital) February 26, 2024
As for who the whale could also be, a pseudonymous crypto sleuth who goes by the title Mai says that though there is no such thing as a official conformation, the pockets might be related to the South Korean crypto trade Upbit.
“This pockets tackle is lively within the Asian session, about 75% is lively within the Asian session, the remainder is within the US…
Mr.100 gathered BTC by way of many exchanges, however 90% got here from Upbit and Bithumb, often solely Binance and OKX. There’s a excessive chance that that is the gathering group from Upbit.
Why do you say that this isn’t a private pockets however the pockets of Upbit? Trying on the image, they unfold BTC various orders vary 0.0001 – 15 BTC by way of layer-wallet after which began changing to distribution charges.
After which switch again to the principle pockets. That’s why everybody sees that every buy prices 100 BTC, therefore the title Mr.100.”
Bitcoin is buying and selling at $54,672 at time of publishing, up 5.7% within the final 24 hours.
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