On-chain analysts try to determine who owns a Bitcoin pockets that’s accumulating enormous quantities of BTC at a relentless tempo.
The unknown entity dubbed “Mr. 100” has purchased no less than 100 BTC practically every single day together with weekends since February 14th – accumulating a complete of 3806.54 BTC value $207,996,959 in that transient timeframe.
Zooming out, the whale has been lively since November of 2022 and now holds 47,192.78 BTC value a staggering $2,581,599,105 at time of publishing, making it the fifteenth largest Bitcoin whale in existence.
Good morning.
“Mr. 100” purchased his common 100 #Bitcoin 3 instances already? https://t.co/7OswsKKPOm pic.twitter.com/eMtvvp5kca
— HODL15Capital ?? (@HODL15Capital) February 26, 2024
As for who the whale could also be, a pseudonymous crypto sleuth who goes by the identify Mai says that though there is no such thing as a official conformation, the pockets may very well be related to the South Korean crypto alternate Upbit.
“This pockets tackle is lively within the Asian session, about 75% is lively within the Asian session, the remaining is within the US…
Mr.100 gathered BTC via many exchanges, however 90% got here from Upbit and Bithumb, sometimes solely Binance and OKX. There’s a excessive risk that that is the gathering workforce from Upbit.
Why do you say that this isn’t a private pockets however the pockets of Upbit? Trying on the image, they unfold BTC numerous orders vary 0.0001 – 15 BTC via layer-wallet after which began changing to distribution charges.
After which switch again to the primary pockets. That’s why everybody sees that every buy prices 100 BTC, therefore the identify Mr.100.”
Bitcoin is buying and selling at $54,672 at time of publishing, up 5.7% within the final 24 hours.
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