Bitcoin Whales Continue To Buy BTC

Despite the current volatility in the market, there is a Bitcoin whale that allocates $1,000,000 Bitcoin every day

Large investors buy Bitcoin every day and expand their positions despite the current volatility in the market. Indeed, there is a Bitcoin whale that allocates $ 1 million for Bitcoin every day. This suggests that these investors remain excited about the future of BTC.

Bitcoin Whales Buy BTC

The recent behavior of the Bitcoin price is not necessarily what important investors and holders are doing today. These huge Bitcoin whales buy Bitcoin every day without thinking about the price or performance of Bitcoin in the market. Simply buy extra coins every day.

As BitInfocharts has revealed, there is a Bitcoin whale that buys Bitcoin worth $ 1 million a day. Every day he buys almost 25 BTC and adds this money to his wallet. These purchases do not take into account market price movements.

This was reported by cryptocurrency enthusiast C15Capital on Twitter (@ Capital15C).

This whale has been buying Bitcoin for a long time. Indeed, since February, the same investor has continued to add more BTC to its Bitcoin reserves. At the time of writing, he had over 9,700 BTC. At present, this amount of BTC is worth $ 412.5 million.

Who can be the mysterious whale?
However, this investor can be a cryptocurrency exchange or a simple intermediary who buys and sells virtual currencies to other dealers. Therefore, we may not be talking about a single investor, but we may be talking about a stock market or a major company.

It is worth noting that Bitcoin fell from $ 44,500 to $ 42,000 a few hours ago. Now, the price of the most important virtual currency after market capitalization has been set at about $ 42,500. However, uncertainty remains in the market and investors are paying close attention to what Bitcoin could do in the coming weeks and months.

Signed GoldMedal Crypto