Post
Topic
Board Bitcoin Discussion
Re: 130k+ BTC moved in Oct. Evidence of institutional investors coming in?
by
Pursuer
on 06/11/2018, 14:04:33 UTC
It's been really interesting to see large net-worth individuals/groups buying up huge amounts of Bitcoin, roughly more than 130,000+ worth of BTC. That's worth at least US$830 million (as of today's price). Check out it here: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

the only thing that this link shows is that there are addresses that contain a large amount of bitcoin. and also most of them had these large amounts for a long time now. so your title saying X amount moved in October is wrong on both cases since they are not moved and these are not individuals for instance most of these addresses belong to big businesses such as bitfinex (which is a big exchange service)!
and any new address among them is most probably the same services moving coins to a new address after upgrading their wallet,... that happens pretty commonly.