{"id":125747,"date":"2025-03-25T04:18:18","date_gmt":"2025-03-25T04:18:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125747"},"modified":"2025-03-25T04:18:18","modified_gmt":"2025-03-25T04:18:18","slug":"massive-bitcoin-whale-buys-200m-in-btc-another-wakes-up-after-8-years","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125747","title":{"rendered":"Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsA massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months \u2014 coinciding with a recent rebound for the original cryptocurrency.\u00a0<br \/>\nThe Bitcoin (BTC) whale added 2,400 Bitcoin \u2014 worth over $200 million \u2014 to their stash on March 24, blockchain analytics firm Arkham Intelligence said in an X post.<br \/>\nData shared by the firm shows that despite some sales in February, after the latest purchase, the whale holds over 15,000 Bitcoin in its wallet, worth over $1.3 billion, at current prices.<br \/>\n\u201cA $1 billion Bitcoin Whale just withdrew $200 million of Bitcoin this morning from Binance,\u201d Arkham said.<br \/>\nThe whale started acquiring Bitcoin five days ago after selling off its stash when Bitcoin\u2019s price was between $100,000 and $86,000 in February. CoinGeck data shows on Feb. 1, Bitcoin was worth over $104,000, but it steadily declined to hit a low of $78,940 on Feb. 28.\u00a0<br \/>\nSource: Arkham IntelligenceThe whale movement comes amid a recent Bitcoin price rebound.\u00a0<br \/>\nBitcoin has been trading $81,000 and $88,000 in the last seven days, according to CoinGecko, with a price surge of 3% on March 24, distancing itself from its $76,900 low on March 11.<br \/>\nBitcoin whale wakes from slumber\u00a0<br \/>\nAt the same time, another Bitcoin whale has woken up after eight years of dormancy, moving over 3,000 Bitcoin, worth $250 million, in one transaction on March 22.<br \/>\n\u201cHis Bitcoin stack went from $3M in early 2017 to over $250M today  \u2014 and he\u2019s held Bitcoin on one address for over 8 years,\u201d Arkham said in a March 22 X post.\u00a0<br \/>\nAnother huge Bitcoin holder, BlackRock, the world\u2019s largest asset manager with approximately $11.6 trillion in assets under management, has been steadily accumulating more Bitcoin over the last week as well, according to Arkham.<br \/>\nAcross 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion, data on Bitbo\u2019s Bitcoin treasury tracker shows.\u00a0<br \/>\nBlackRock\u2019s iShares Bitcoin Trust (IBIT) also led a rally of spot Bitcoin exchange-traded funds (ETFs) in the US, snapping a five-week net outflow streak by clocking a net inflow of $744.4 million.\u00a0<br \/>\nThe bulk of net inflows came from BlackRock\u2019s iShares, which recorded $537.5 million, followed by Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.<br \/>\nBitcoin whales weren\u2019t the only ones accumulating more crypto. Lookonchain used Arkham data to track a lone Ether whale who added 7,074 Ether (ETH) to its stash on March 21, worth $13.8 million.<br \/>\nSource: LookonchainEther has been moving between $1,876 and $2,097 in the last seven days, CoinGecko data shows. It\u2019s still down over 57% from its all-time high of $4,878, which it hit in November 2021.<br \/>\nHowever, its open interest surged to a new all-time high on March 21, and the number of addresses with at least $100,000 worth of Ether started rising at the beginning of March, from just over 70,000 addresses on March 10 to over 75,000 on March 22.<br \/>\nMagazine: Crypto fans are obsessed with longevity and biohacking: Here\u2019s why<a href=\"https:\/\/cointelegraph.com\/news\/billionaire-btc-whale-adds-to-stash-amid-other-whale-activity?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsA massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months \u2014&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125747"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125747"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125747\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125747"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}