Cryptocurrency whales, who control millions of dollars in Bitcoin, have the ability to influence market movements. The account’s assets have been valued at $426 million, up from $326 million previously. Daily investments have increased by nearly $1.2 million in recent days. Depending on the figures, the buyer paid anywhere between $35,000 and $47,000 for the Bitcoin. Daily investments have risen by roughly $1.2 million in recent days. The account’s assets have increased from $326 million to $426 million.
Bitcoin Whale Is Buying $1M Worth Every Day
Cryptocurrency whales, who own millions of dollars in Bitcoin (CRYPTO: BTC), have the power to sway market sentiment. Their activities have an impact on the price of Bitcoin. The Bitcoin Whale has been buying $1 million worth of BTC every day, regardless of the price. Twitter (NYSE:TWTR) user @Capital15C disclosed details about a Bitcoin account that invests around $1,000,000 in the top cryptocurrency every day on Saturday.
Buy #Bitcoin like this guy
$1 million $BTC bought every day, regardless of price pic.twitter.com/PXSk741ECZ
— C15Capital (@Capital15C) April 9, 2022
The era of BTC investment, as depicted in a screenshot, runs from February 22, 2022, until the present. The account began with 8,652 Bitcoins and had grown to over 9,779 Bitcoins by April 7, 2022.
Buy #Bitcoin like this guy 👇
$1 million $BTC bought every day, regardless of price pic.twitter.com/PXSk741ECZ
— C15Capital ⚡️🇺🇸 (@Capital15C) April 9, 2022
According to the data, the person paid anywhere between $35,000 and $47,000 for the Bitcoin. The daily investments have increased by nearly $1.2 million in recent days.
The account’s assets have been valued at $426 million, up from $326 million previously. A Bitcoin whale transferred about 3,000 BTC to the Coinbase (NASDAQ:COIN) Global Inc (NASDAQ: COIN) exchange last week.
Another whale has been buying bitcoin every day since early March. This whale buys 500 to 1000 BTC every day. As a result of these investments, the whale investor’s assets increased from $36 million to $434 million.
When we look at the overall number of BTC available on exchanges, we can observe that the rate is steadily decreasing. Whales, according to these figures, prefer to retain their Bitcoin in cold wallets rather than sell it.
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Also read: Ethereum processed 4.5x more transactions than VISA in 2021
