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Anonymous cryptocurrency owner suddenly bought $ 142 million worth of bitcoins

November 8, 2024 · 12:24 pm 1 min read

After Donald Trump won the U.S. presidential election, two new «bitcoin whales» purchased BTC $79,564.07 Bitcoin -1.49% Market capitalization $1.6 trillion VOL. 24 hours $1.46 billion for a total of $ 142 million. This was an important indicator of the growing interest of investors in cryptocurrencies.

One of them, with the address «bc1qh,» bought $ 50.4 million worth of bitcoins, while another, «bc1qa,» purchased $ 92 million worth of crypto assets. It is known that «bc1qa» started his BTC purchases a week before the election, expecting Trump to win.

After the election, the price of bitcoin reached a new all-time high of $ 76,400, raising investors' expectations for further growth. According to the forecast of Bitget Research, the market flagship may rise to $ 100,000 by the end of 2024 due to the growth of the stablecoin capitalization, which has reached $ 160 billion.

Financial experts point out that Trump’s coming to power may contribute to a «pro-cryptocurrency» policy, including the development of cryptocurrency innovations in the United States.

BTC

$79,564.07

-1.49%

ETH

$2,450.77

-2.08%

BNB

$720.76

-0.38%

XRP

$1.40

-3.37%

SOL

$101.84

-1.75%

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