In the cryptocurrency world, where anonymity is a valuable element, buying 100 BTC at a time and saying 'Mr. The identity of a Bitcoin wallet called '100' has been the subject of speculation and curiosity.
This mystery seems to have finally been solved by Arkham, a leading cryptocurrency analysis company.
The wallet's constant reception of transactions worth 100 BTC led to widespread speculation about its owner. Theories ranged from large funds to Middle Eastern countries and even a Bitcoin ETF making these purchases.
Contrary to these speculations, the analysis of Arkham 'Mr. It shows that 100 is actually an Upbit cold wallet. This conclusion is based on the wallet's strong and consistent relationships with other Upbit Wallets, which fits the pattern of a typical cold wallet exchange.
'Mr. The 100' address is basically receiving 100 BTC flows using Upbit deposit wallets. Additionally, some of their output is used to fund Upbit hot wallets, which are typically used for customer withdrawals.
*This is not investment advice.
