According to the latest information shared by cryptocurrency tracker Arkham Ingelligence, the Bitcoin billionaire giant cryptocurrency whale has once again bought BTC.
Researched Onchain data shows that the whale, which has around $1 billion worth of BTC, has withdrawn about $200 million worth of Bitcoin through today’s cryptocurrency exchange Binance.
According to the data, the crypto whale began to accumulate BTC again about five days ago after selling between $100,000 and $86,000 in February.
According to the latest information, the crypto whale has $1.34 billion worth of BTC in its portfolio. The whale first purchased BTC in February last year. It is unclear whether whale wallets belong to an institutional organization or an early stage whale.
The whale has seen its assets reach up to about $3 billion so far. The assets have fallen after both price drops and some sales, but it appears that this latest transaction has sent a significant signal.
*This is not investment advice.