The richest Bitcoin whale spends over $ 102,000,000 on BTC in a month in massive accumulation spree

The richest Bitcoin wallet without exchange is on BTC shopping while the decline in the crypto market continues.

The wallet, ranked third in the Bitcoin portfolio behind two cryptocurrency exchanges, bought 4816 BTC over the past month, splashing over $ 102 million in the process.

At the beginning of June, the current Bitcoin wallet had 127,873 BTC. Over the past month, the wallet has made a number of Bitcoin acquisitions in varying amounts and only one withdrawal to bring the total to 132,189 worth $ 2.53 billion.

At the time of writing, the last purchase took place today when the whale bought 186 BTC worth 3.58 million dollars. In recent days, the whale has also bought 601 BTC and 815 BTC worth $ 11.31 million and $ 16.94 million, respectively. Other purchases during the month ranged from 36 BTC to 488 BTC.

The whale sold only once during June, a batch of 500 BTC worth $ 15,062 at the time of sale.

Bitcoin was traded for around $ 30,000 a month ago, but is currently priced at $ 19,222, down over 5% on the last day.

In June, IntoTheBlock so the number of giga whales had reached a new high.

“Giga-whale BTC holdings hit new record. The amount of BTC held by units with over 100,000 BTC reached a new high on Friday.

Over 776,000 BTC are held by a total of 5 addresses with over 100,000 BTC, and have grown over 16% in the last 30 days. “

The company too notes that holders of BTC in smaller quantities also accumulate.

“Small owners continue to aggressively accumulate BTC.

Addresses with less than 1 BTC have increased their balance in 2022 at a remarkable pace.

Since January 1, they have added 113,884 BTC. “

Check price action

Don’t miss a beat – Subscribe to have crypto email alerts delivered directly to your inbox

Follow us on TwitterFacebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed by The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock / StockStyle / Roman3dArt