3rd largest Bitcoin wallet just bought $ 23 million worth of BTC

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The third largest bitcoin wallet has been busy buying the decline. During the current market downturn, the whale entity added nearly 500 BTC to its stash.

The mysterious third largest Bitcoin whale bought 490 BTC as it traded hands at around $ 46,800 in a transaction with a face value of $ 23 million. WhaleAlert reported that it took place on September 8 at 12:05 a.m. GMT and that the coins were moved from the U.S. crypto exchange Coinbase. At the time of going to press, this whale still holds 4,000 BTC more than its record high of $ 65,000, bringing its value to $ 5 billion. CryptoPotato reported on August 27 that this BTC whale has also accumulated more Bitcoin with two purchases. One of them was 466 bitcoins at the $ 47,400 level. The previous one took place on August 26 with a modest 38 BTC transaction, totaling a purchase worth $ 23 million at today’s prices. All transactions were made from a Coinbase wallet. The whale move came after the recent bloodshed in the cryptocurrency market on the same day El Salvador became the first country in the world to make Bitcoin legal tender. Sadly, the market lost over $ 330 billion from its total capitalization, making it one of the worst days since May 19. Altcoins followed the same path as well, with the top ten coins slumping across the board except for Solana (SOL), who managed to stay positive every week despite the selloff. SPECIAL OFFER (Sponsored) Binance Futures FREE 50 USDT Voucher: Use this link to sign up and get 10% discount on fees and 50 USDT when trading 500 USDT (limited offer).

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