I noticed interesting activity in the network - a large address bc1q8 continues to buy Bitcoin through makers. Over the past two weeks, this whale has acquired about 495 BTC worth approximately $33 million. Interestingly, the average entry price was around 67.4 thousand per coin. Not long ago, the whale received another 245 BTC from Galaxy Digital worth about $16.8 million. It seems that large players are using several counterparties - Galaxy Digital and Wintermute - to distribute their purchases. Such whales usually don't rush, they operate through makers to avoid creating unnecessary noise in the market. It's interesting to watch these movements; they provide insight into what large players think about current levels.

BTC-1.12%
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