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Third-Largest Bitcoin Whale Buys $21M Worth Of BTC On The Apex Crypto’s 13th Birthday – Bitcoin – United States Dollar ($BTC)

Third-Largest Bitcoin Whale Buys $21M Worth Of BTC On The Apex Crypto's 13th Birthday
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third largest Bitcoin (CRYPTO: BTC) Wallet has added 456 BTC to its holdings on the leading digital asset 13y birthday.

What happened: After buying on January 3rd, the bitcoin whale now owns 120,845.57 BTC, worth over $5.6 billion.

BTC whale bought from cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) reported by wallet tracker WhaleAlert.

In December 2021, the same wallet bought 2,702 BTC for $137 million at an average price of $50,700 per coin.

Since then, the bitcoin price has fallen to $46,600 and has seen a lot of volatility over the past month.

According to the on-chain data tool WhaleThe whales aren’t the ones making the most money from the Bitcoin price movement.

The group holding between 10-100 BTC generated the most profit, according to a Whalemap analysis.

“Whale groups actually tend to be more active, move money and then increase their realized price. Others tend to HODL and so the acquisition price remains low,” Whalemaps said on Twitter.

price movement: As of Tuesday morning, Bitcoin is trading at $46,824.00, down 0.91% in the past 24 hours.

Photo by Richard Sagredo on Unsplash

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