A surprising phenomenon has occurred in the crypto world, where an unknown digital wallet address has managed to collect more than 12,000 BTC in a month. The incident was discovered by Arkham Intelligence and became a hot topic in the crypto community. This mysterious address became active on November 1, 2023, and continues to receive large amounts of Bitcoin from various addresses on a daily basis.
A huge, unmarked mystery of Bitcoin addresses has filled the cryptocurrency world with questions about who is the "whale" who owns more than 4$500 million in bitcoin in doubt.
According to blockchain analytics** Arkham Intelligence and Blockchair, the balance of the Bitcoin address "BC1QC" is 12,070 BTC, worth about $455,616,665, which is equivalent to IDR 7 billion at the current rate. In recent weeks, these addresses have received tens of millions of dollars worth of Bitcoin, most of which are large amounts.
The address that has attracted much attention was the first to receive the shipment from the relevant wallet of the BitMEX exchange. Since then, the address has never stopped receiving large amounts of Bitcoin. This has caused speculation among market watchers and the crypto community.
Every day, the address continues to receive Bitcoin transfers from a variety of different **. This indicates that there is an organized accumulation strategy and that it may be executed by a participant with a large amount of resources.
Wealth Mastery founder Lark D**is revealed via Platform X that institutional investors may be trying to "preempt" the approval of spot Bitcoin ETFs. This sparked heated discussions on forums such as social media and reddit, with users trying to associate the address with Bitmex.
The accumulation of a large amount of bitcoin in a single address has caused widespread concern and speculation. The crypto community is trying to unravel the mystery behind the addresses that have suddenly become whales in the crypto world.
According to the latest data from Henley & Partners, there are 6 Bitcoin billionaires and 22 crypto billionaires whose wealth is spread across various digital currencies. Analysts also found that about 88,200 people own more than $1 million worth of digital assets.
The total cryptocurrency market cap reached 118 trillion dollars, more than 42.5 billion users hold cryptocurrency savings. These numbers show the impact of cryptocurrencies in today's digital economy.
The Bitcoin accumulation activity at this mysterious address adds to the long list of interesting events in the crypto world. Whether this was an institutional investor or a highly influential individual remains a mystery. One thing is for sure, such a move will always leave a trace of speculation and anticipation in the crypto market.
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