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Sunday, December 22, 2024

Whale Bought $ 13 Million Worth Of Bitcoin During The Last Market Crash

The owner of the wallet, which holds over $ 4.75 billion in cryptocurrency, acquired 321 BTC when the asset price fell to $ 40.5 thousand.

One of the largest cryptocurrency holders, whose wallet stores over 111 thousand BTC (about $ 4.75 billion), purchased bitcoin worth $ 13 million during the last drop in quotations to around $ 40 thousand, writes Cryptopotato .

It is known that the “whale” also actively acquired digital currency, when in late spring and summer its price fell to $ 40 thousand and $ 30 thousand.

cryptopotato.com

Investors are called “whales” – large holders of digital assets.

In mid-September, the “whales” (holders from 10 to 10 thousand bitcoin) accumulated 60 thousand bitcoin in three days . At the same time, the value of the first cryptocurrency grew and reached $ 47.8 thousand.

On the night of September 22, the bitcoin rate updated at least since August 5 at $ 39.6 thousand, the first cryptocurrency is traded at $ 42.3 thousand. The market capitalization of the asset has decreased to $ 790 billion.

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