Whos Behind the Mask : Unknown Buys $400,000,000 of Bitcoin
The Beauty and Joy of Crypto
Thier are numerous whales who nothing is known about, except that they are whales. This is the beauty of crypto, you can be a billionaire and no one could know who you are if you are a billionaire with other assets such as real estate or stocks, everyone knows who you are your name is tied with everything. A recent development shows this beauty, someone bought $400,000,000 worth of bitcoin, and no one knows who they are.
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The bitcoin address above has a current holding over $1,000,000,000 worth of bitcoin. Almost half of the came between February 9th and February 12th. The account had a balance of 55,000 bitcoin then skyrocketed to 96,000 bitcoin in the middle of February. The picture below shows that bitcoin addresses that hold the most bitcoin, and the address highlighted in orange is the one that I am talking about, it is the third richest bitcoin address in existence.
Who and How Much?
But, surprisingly enough even with all this wealth, no one knows who the address belongs to. Who could it be? This bitcoin address has been in the news lately because of the extreme spike in holding in such a short time, the owner of the address has a considerable amount of wealth most likely out of bitcoin, and the owner knows how to play their cards extremely well. The address had a worth of $900,000,000 when the bulk of the transactions were finished, a week later, the address is worth $1,000,000,000 a $100,000,000 gain from holding, unbelievable to even imagine. The address holder bought at the dip under $8,000 a Bitcoin, also a few months ago when bitcoin was hitting all-time highs around $20,000 the address holder was selling. Whoever the address holder is they are extremely wealthy and extremely smart (or lucky).
Spike
It is said by many that this purchase had a large role in carrying bitcoin out of the $8000 dip to currently $10,000.
DAMN !!!!
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