Investors who know the effect of the halving event, which will take place in 2024 in Bitcoin, on the price, accumulate BTC from the bottom prices before the halving.
At this point, according to the data shared by the crypto money platform BitInfoCharts, it has accumulated 118,000 BTC in about 3 months and became the third largest wallet.
Receiving its first Bitcoin on March 8, the wallet continued to receive BTC for the next three months, accumulating 118,000 BTC.
While it is seen that the BTCs in the wallet are worth more than $ 3 billion at the current price, it is not known who the wallet belongs to.
Various opinions were shared on this subject. Some in the crypto community claimed that this wallet is a crypto exchange that moves funds, while others claimed that this wallet belongs to BlackRock.
According to data from BitInfoCharts, the largest Bitcoin wallets in the world are known to be owned by Binance and Bitfinex as BTC cold wallets, while this unknown whale wallet is in third place with 118,000 BTC.
In fourth place is another Binance cold wallet.
BTC, which fell to $ 25,000 after the big collapse last week, continues to be traded at $ 26,108 at the time of writing.
*Not investment advice.