Third-largest Bitcoin whale bought 6,665 bitcoins, worth $375 M in last 3 weeks

[hugeblack]

Data Source ----> https://www./currencies/bitcoin/richlist/
Reddit ---> https://www.reddit.com/r/Bitcoin/comments/r1kcz1/the_thirdlargest_bitcoin_whale_bought_6665/

This data may come from an exchange and it may not seem important but I don't think we will see a correction soon, what do you think? Have you noticed any change in the purchase or one of the whales moving more amounts.

Read also:

If you've been waiting for #Bitcoin whales to show signs of accumulation, our data indicates it's happening once again. In the past week, a total 59k $BTC has been added to addresses that hold between 100 to 10k $BTC. This is 0.29% of the total supply.

Source ---> https://twitter.com/santimentfeed/status/1463686112275156993

[mk4]

Yea, this is either some Peter Thiel levels of rich tech bro, or it's some hedge fund company. Of course, it also could be a lesser-known crypto exchange.

Fun fact: it's the only untagged wallet address in the top 5 of the Bitcoin rich list.



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

[NeuroticFish]

Well, the image posted ends conveniently pretty much before a send out of 1500BTC (2021-11-09).
And in October the amounts sent out from that wallet were pretty big (7500BTC)

I've taken this image from https://oxt.me




For me it looks like the inputs and outputs kinda go together, so it can very well be some sort of pre-consolidation cold wallet of a business, whether is exchange, whale, OTC, .. I don't know.

[naira]

https://whale-alert.io/transaction/bitcoin/0b2730f8cb9990a8d090e408f643791e85b50ccd49ba5a4d449b017b7114b56a
https://mobile.twitter.com/whale_alert/status/1463904450318372874

And after that it also happened between private wallet to private wallet sending 15,076 Bitcoins. With such a large number and the possibility that the market is also difficult to say enter the roaring market, in fact the whales are playing games to trick other holders.
Of course, many sentiments that try to create price stimulus can be taken from corrections that have indeed been used as triggers to collect more. Their game seems to be at its most advantageous.