A large -scale bitcoin whale wallet holding has added bitcoins worth $ 200 million in its position after selling more than 11,400 bitcoins in the last few months – coincides with recently rebound for the original cryptocurrency.
Bitcoin (BTC) Whale added 2,400 bitcoins to his stand on 24 March – over $ 200 million – blockchain analytics firm Arkham Intelligence Said In an X post.
Data shared by the firm suggests that despite some sales in February, after the latest purchase, the whale holds more than 15,000 bitcoins in its wallet, more than $ 1.3 billion at current prices.
Arkham said, “A $ 1 billion bitcoin whale withdrew a $ 200 million bitcoin from Binas this morning.”
Whale began to acquire bitcoin five days ago, when bitcoin was priced between $ 100,000 and $ 86,000 in February. Quotake data Show On 1 February, the price of bitcoin was more than $ 104,000, but on February 28, it caused a steady decline at a low of $ 78,940.
Source: Arkham intelligence
The whale movement recently comes amid rebounds of bitcoin value.
Bitcoin has been trading $ 81,000 and $ 88,000 in the last seven days, According For Koingco, with an increase in the price of 3% on March 24, removing itself $ 76,900 on 11 March.
Bitcoin wakes up from whale slumb
At the same time, another bitcoin whale has woken up after an eight -year -old domity, which is more than 3,000 bitcoins in a transaction on 22 March, more than $ 250 million.
“His bitcoin stack exceeds $ 3m to $ 250m today in early 2017 – and he has placed Bitcoin at a address for more than 8 years,” Arkham Said In March 22X Post.
Another giant bitcoin holder, Blackrock, the world’s largest asset manager, under management with assets of about 11.6 trillion dollars, is continuously accumulating more bitcoin along with the previous week, According To Arkham.
During 15 transactions, the asset manager bought an additional 4,054 bitcoin, which gave it a total stand of 573,878, which is priced more than $ 50 billion, data on Bito’s bitcoin treasury tracker Show,
Blackrock’s Ishras Bitcoin Trust (Ibit) also led a rally of the spot bitcoin exchange-traded fund (ETF) in the US, with a five-week net outright streak after seeing a net flow of $ 744.4 million.
The bulk of pure flow came from the Ishares of Blackrock, which was recorded at $ 537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $ 136.5 million.
Bitcoin whales were not just more crypto deposits. Lukanchain used Arkham data added 7,074 Ether (ETH) to its stand on 21 March to track a single Ether whale, priced at $ 13.8 million.
Source: Lukanchain
Ether is moving between $ 1,876 and $ 2,097 in the last seven days, Koingko Data ShowIt still exceeds its all -time high from $ 4,878 to 57%, which was a hit in November 2021.
However, its open interest rose to a new all-time high on March 21, and the number of addresses with ether worth at least $ 100,000 began to grow in early March, on March 10, more than 70,000 addresses from just 70,000 addresses over 75,000 on March 22.
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