(Article updated at 10:30 PM ET to note new details that this may not be a new purchase)
looks like a mysterious investor consumption or transfer With over $3 billion, or about 133,000 bitcoins on August 10th, the new wallet has become one of the top three personal bitcoin holders. Community assessment of wallet activity suggests that new wallets may be old players just moving funds.
1 Twitter user Said They tracked down the wallet address and claimed that the mysterious investor was a long-time buyer who moved 130,000 bitcoins to another wallet in a few transactions.
according to data From June 2022, Satoshi Nakamoto will be the largest Bitcoin holder among all individuals, exchanges, governments and companies. Nakamoto is estimated to have mined over 22,000 blocks after launching Bitcoin in 2009, each of which he was rewarded with 50 BTC. Estimates suggest that Nakamoto has over 1.1 million bitcoins in about 22,000 different wallets.
largest bitcoin holder
Besides Nakamoto, the largest bitcoin holder is asset management company Grayscale, which holds about 683,480 bitcoins. Crypto exchange giant Binance follows Grayscale as he is the second largest Bitcoin holder in all categories. Binance also ranks first among cryptocurrency exchanges holding bitcoin with approximately 447,197 bitcoins.
With the exception of the Winklevoss Twins, the identities of nearly all individual Bitcoin holders are unknown.Cameron and Tyler Winklevoss invested They made millions of dollars from a lawsuit against Facebook in bitcoin and became the first bitcoin billionaires. I own it. They rank him third among individuals with the highest Bitcoin holdings.
Binance CEO Changpeng Zhao Estimate His net worth of $96 billion makes him one of the largest holders. He admitted that cryptocurrency holdings account for most of his net worth and that he only invests in bitcoin.
Based on the chart above, the mystery investor who bought 113,000 bitcoins sits just behind Nakamoto as the second individual with the largest bitcoin holdings.
Are Bearish Sentiments Changing?
As soon as the winter market started, the biggest bitcoin holders started selling. This trend has continued since his early May 2022. Cryptocurrency enthusiasts who can’t afford to invest have started collecting bitcoins while the largest holders continue to withdraw from the market. Investors with less than 10 Bitcoins are called “shrimp” and are buying while the price is affordable.
Shrimp may be on the right track, according to Blockworks co-founder Jason Yanowitz. He recently identified a bear market phase for cryptocurrencies and said that when prices stagnated, investors would be tempted to leave the market. However, those who resist and stay in the market will be the real winners of cryptocurrencies in the long run.
Bitcoin price is suffering from the coldest crypto winter ever. However, Bitcoin price crossed $24,000 for the first time in a long time on August 10th.
