Bitcoin billionaires continue to accumulate during the dip. As Bitcoin (BTC) filled the $42K December price wick this morning, Bitcoin whales were busy stacking sats. One address belonging to Binance added 43,000 BTC on the 4th of January at an average price of $46,553.68, bringing the wallet's total value to $5.5 billion. Elsewhere, the third-largest Bitcoin address continued its spending spree, adding another 551 BTC since Cointelegraph last reported it bought the dip, just two days ago. The wallet continues to aggressively accumulate in the $40k range, now owning a total of 121,396 BTC or roughly $5 billion. There was …

It is now 13 years since the genesis block of the Bitcoin (BTC) blockchain was created, which marked the beginning of the chain. To commemorate the occasion, the third-largest Bitcoin whale appears to be back after the new year holidays, and he or she has just completed the first sizable purchase of 2022. On Jan. 4, the third-largest Bitcoin address added 456 BTC at an average price of $46,363, equivalent to around $21 million, according to data from Bitinfocharts. com. 456 #BTC (21,161,750 USD) transferred from #Coinbase to unknown wallethttps://t.co/1rWMaIYR0y — Whale Alert (@whale_alert) January 3, 2022 At the time …

The price of Shiba Inu has fallen 11% after a series of transactions from the whale wallet that famously transformed a $3400 purchase last August into $1.55B. On November 2, the whale moved ten trillion, one hundred thousand Shiba Inu tokens to four separate wallets. Each transaction was worth approximately $586M USD, totaling about $2.3B USD. After the wallet was first identified, social media users speculated that the owner may have forgotten or lost their key, given the lack of activity in the wallet since last year. Remember when everyone was wondering if the guy who turned 8k$ into 5 …

The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth of Bitcoin — according to current exchange rates — into wallets that hold at least 100 BTC and a maximum of 1,000 BTC. The deposits spiked right after Tesla revealed in its January securities filings that it had added $1.5 billion worth of BTC to its balance sheet. The news hit the wire on Feb. 8 when the cost …