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Crypto Whale with $1 Billion Portfolio Buys Bitcoin

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by Giorgi Kostiuk

4 days ago

The crypto community is watching as a major Bitcoin whale has started buying BTC again.

Recent Actions of the Crypto Whale

According to Arkham Intelligence, a Bitcoin whale with a $1 billion portfolio has purchased Bitcoin again. On-chain data shows that this investor withdrew approximately $200 million worth of Bitcoin via the exchange Binance.

History of Major Purchases

This crypto whale began accumulating BTC approximately five days ago, after selling between $100,000 and $86,000 in February. The whale first purchased BTC in February of last year.

According to the latest data, this crypto whale has $1.34 billion worth of BTC in its portfolio.None

Current Holdings and Market Impact

This whale's assets once peaked at approximately $3 billion. However, after price drops and some sales, the assets have declined. The latest actions indicate a potential market influence.

This Bitcoin whale's actions will likely continue to impact the cryptocurrency market, drawing attention from traders and industry investors.

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