According to the latest information shared by the cryptocurrency tracking tool Arkham Ingelligence, a huge cryptocurrency whale, who is a Bitcoin billionaire, has purchased BTC again.
The onchain data examined shows that this whale, who has approximately $1 billion worth of BTC, withdrew approximately $200 million worth of Bitcoin via the cryptocurrency exchange Binance today.
According to the data, this crypto whale started accumulating BTC again approximately 5 days ago after selling between $100,000 and $86,000 in February.
According to the latest information, this crypto whale has $1.34 billion worth of BTC in its portfolio. This whale first purchased BTC in February of last year. It is unknown whether the whale wallet belongs to an institutional entity or an early-stage whale.
This whale has seen its assets reach a maximum of approximately $3 billion so far. There has been a decline in its assets after both the price drop and some sales, but it seems to have sent an important signal with this latest transaction.
*This is not investment advice.
