I saw an interesting movement on the chain - a major whale bc1q8 is actively buying up bitcoins through market makers. This time, Galaxy Digital received an additional 245 BTC worth approximately $16.8 million. This is already the second week that this whale has not stopped accumulating.



In total, over two weeks, the whale has collected 495.3 bitcoins through Galaxy Digital and Wintermute — nearly $33.4 million. The average entry price turned out to be about $67,430 per coin. Interestingly, the whale chose market makers for such volumes — apparently, it didn't want to create extra noise on the spot markets.

Such whale movements usually signal that major players see potential. Maybe it's worth paying attention to how other large holders are positioning themselves during this period.
BTC-0.2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin