Biggest private Bitcoin wallet adds another 1209 BTC since Newyear
Now holding 123748 Bitcoin
The biggest private Bitcoin address has and 1209 BTC, for a value of 51 million USD to its bag. Right now it is holding a total of 123748 Bitcoin.
Some people thought it was a wallet that is properly of Microstrategy, but that is not the case. It is a private holding that started accumulating in 2019. In less than three years it has built a wallet worth almost 6 Billion dollars. With a profit of 2,6 Billion USD. An insane amount of money, which must be the property of one of the very elite of this world…
Just making a wild gamble here… Elon Musk? It could be very possible.
But the most important part of this is, the message behind it. It means that the person behind it is convinced that 40k Bitcoin is the perfect time to accumulate more. And that is what should be the clear message!
Keep on hodling and keep on accumulating!
Sincerely,
Pele23
Who knows, perhaps, the owner of the private wallet is putting down BTC or cryptos somewhere else.
That might be the case or it's just the Binance wallet ;)
Posted Using LeoFinance Beta
Nope, it’s not connected to any exchange whatsoever
We don't know who is the owner of the wallet holding such a big amount of btc. Whoever it is, he/she is a strong believer of btc/crypto.
Wow, 6 billion and building, that is incredible!! I wonder where the financing is coming from? My guess is they are making massive APR on some of the Defi and funneling it all back into Bitcoin, which has become too big to fail at this stage, when compared to some of the alts.