Identity

Bitcoin

<p><strong>A mysterious investor, already holding close to 40,000 Bitcoin before the ETF approval, has acquired an additional 2,500 units in recent days. This enigmatic whale now owns the equivalent of $1.8 billion in bitcoin, ranking among the world’s largest crypto holders.&nbsp;</strong></p>
<h2 id="h-a-wallet-that-keeps-growing">A Wallet That Keeps Growing</h2>
<p>The wallet in question is publicly identifiable on the blockchain through its address, which starts with “1P5”. According to available data, this <a href="https://www.cointribune.com/bitcoin-un-inconnu-envoie-12-million-a-satoshi-nakamoto/" target="_blank" rel="noopener noreferrer nofollow">anonymous wallet</a> already held 39,704 bitcoin at the beginning of October 2021, the equivalent of nearly $1.5 billion at the current exchange rate.&nbsp;</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>But its acquisitions have accelerated even more in the past few weeks. In just the last two days, no less than 2,500 new bitcoins have been added to this crypto wallet, for an additional total value of over $100 million.&nbsp;</p>
<p>In total, it is estimated that this mysterious investor now possesses more than 42,000 bitcoin, amounting to nearly $1.8 billion. A colossal sum that makes him one of the most significant players in the market, even though his identity remains unknown.</p>
<h2 id="h-confidence-in-bitcoin-bolstered">Confidence in Bitcoin Bolstered</h2>
<p>This strategy of sustained accumulation seems to indicate real confidence in Bitcoin’s long-term potential. Rather than short-term trading, this <a href="https://twitter.com/Capital15C/status/1746328819990921657" target="_blank" rel="noopener noreferrer nofollow">anonymous holder</a> clearly focuses on holding and continues to invest staggering amounts.</p>
<p>His activity might serve as a positive signal for other crypto investors. It shows that there is a strong underlying demand from strategic players, ready to buy large volumes despite the volatility of prices.&nbsp;</p>
<h2 id="h-an-identity-that-piques-curiosity">An Identity That Piques Curiosity</h2>
<p>Of course, the anonymity surrounding this wallet tickles the curiosity of observers. Some speculate that it could be an institutional investor or an entity linked to a major bank.</p>
<p>But in the absence of official information, these theories remain mere hypotheses. The only certainty is the discipline shown by this holder suggests that he is a strategic and rational actor, equipped with significant resources.</p>
<p>In any case, his methodical accumulation strategy is yet another sign that Bitcoin is attracting increasing interest from the most seasoned investors. As crypto gains maturity, it attracts attention far beyond traditional players.</p>
<p>As signs of Bitcoin’s institutional adoption multiply, the sustained activity of this enigmatic <a href="https://www.cointribune.com/en/cryptocurrency-whales-continue-to-accumulate-bitcoin-despite-the-decline/" target="_blank" rel="noopener noreferrer nofollow">whale</a> reinforces the legitimacy of the most famous crypto. As the market for digital assets matures, this type of discrete but influential investor is likely to play an increasingly central role.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="2">
 </div>
</div>

A mysterious stranger accumulates $1.8 billion in bitcoin

Table of Contents

Cointribune EN

Другие статьи, опубликованные 14 янв. 2024 г.

BlackRock’s substantial Bitcoin acquisitions raise supply crunch concerns

ChainGPT's Marketing Engagement in PancakeSwap: Syrup Pool and Gauges Voting Initiatives

Bitcoin Price Eyes $50k Mark Following Strategic Market Retracement

Solana’s Resurgence Amidst a Quiet Market Weekend

Upending the Market: NuggetRush Set for Remarkable Growth, Challenging Bonk and Arbitrum’s Dominance

Bitcoin To $34,000? Analyst Predicts Next Move For BTC With This Chart Pattern

Join our free newsletter for daily crypto updates!