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The world’s richest bitcoin owner bought 2554 BTC

9:20 pm, June 25, 2022

The world’s largest non-bitcoin whale now holds more than $ 2 billion worth of BTC after a series of large transactions earlier this month. The term «whales» refers to investors who are large holders of digital assets.

According to the BitInfoCharts data platform, the whale has added 2554 bitcoins to his portfolio since June 14. The richest OTC BTC holder currently owns a total of 130 227 BTC or 0.68% of the market supply. This is the third largest wallet in the world after the wallets owned by crypto exchanges Binance and Bitfinex.

According to the analytical company Santiment, the downturn in the cryptocurrency market has provoked an increase in the number of bitcoin whales and their activity — the rich buy bitcoin at a low price, which seems quite logical.

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