A new Bitcoin wallet has accumulated more than $3 billion worth of Bitcoin in less than a week.
As data from BitInfoCharts shows, a BTC whale bought 132,877 BTC between July 19 and July 21, which is worth $3 billion at the time of writing.
The wallet was created on June 15 and bought 15,499 BTC for $345.9 million on July 19. The next day, another 45,499 BTC landed in this wallet for a purchase price of $ 1.06 billion. On the third day, 71,879 BTC were added for $ 1.64 billion.
If you look at the investor’s transaction history, BitInfoCharts shows that a large part of the Bitcoin came from a specific Coinbase wallet, while the rest mostly came from a wallet that was previously called the richest non-exchange Bitcoin wallet.
The formerly wealthiest Bitcoin whale had a Bitcoin inventory of 132,883 earlier this month, before the owner suddenly emptied the contents of the wallet from July 19 to 21.The whale then transferred the BTC either to the same Coinbase wallet or to the wallet that now receives the richest Bitcoin whale as a non-exchange.
Although there is a connection between the crypto wallets, the reason why the BTC were moved is unclear. It can be for security reasons, or to make a direct over-the-counter sale.
