April 26, 2024

Taylor Daily Press

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Over 5,300 Bitcoins have been bought by three of the biggest Bitcoin whales

Over 5,300 Bitcoins have been bought by three of the biggest Bitcoin whales

Recent data on the richest Bitcoin wallets shows that some of the biggest Bitcoin whales bought more than 5,000 Bitcoin during the decline.


Three whales buy bitcoins

Chinese journalist Colin Wu shared this on Twitter about the massive purchases of crypto whales. Three of them bought a huge amount of bitcoin during the drop yesterday.

Colin Wu wrote that three of the top 50 bitcoin whales bought bitcoin during the decline. For example, the third largest wallet has bought 3000 bitcoins. The 33rd largest whale bought 1,455 bitcoins and another major investor bought 867 more. This equates to 5,322 bitcoins in total, valued at $225,204,067 at the current bitcoin price.

Wu emphasized that none of these four addresses belong to the cryptocurrency exchange.