⭐ Merited by JayJuanGee (1)
Quote
The Bitcoin address was recorded picking up BTC in varying amounts, with its first receipt in May being 0.25 BTC, and the most recent one being 6,600 BTC. At time of writing, the whale’s address contains 118,300 BTC worth $3,087,545,354.
https://dailyhodl.com/2023/08/21/mysterious-bitcoin-whale-accumulates-over-3087545354308754535-worth-of-btc-in-less-than-three-months/
No one knows who that address belongs to, but we know the purpose is obviously as an investment, or probably a store of value? What whale would accumulate such a high amount of Bitcoin to merely "trade" them. I believe the futures market would be more suitable for that. It's a "mystery".
BUT it might also be coincidence?
Isn't the SEC's decision over BlackRock's ETF scheduled next week? I believe it is.