Third-largest Bitcoin whale bought $ 375 million worth of BTC in 11 days

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In the span of two weeks, one of BTC’s largest whales racked up more than 6,600 coins as the asset’s price fell more than 10% over the same period.

CryptoPotato frequently reports the sales and purchases of this particular whale, which tends to sell when the price of the asset has appreciated significantly over a short period of time and vice versa. In recent weeks, however, they’ve focused only on accumulation, as CryptoQuant analyst VentureFounder informed. As of November 12, the entity made eight consecutive purchases as the price of bitcoin fell. The first, for 1,123 BTC, was just over $ 64,000, while the last – from yesterday, cost $ 57,400 and 616 BTC. In total, the whale accumulated 6,665 pieces in less than two weeks. From the perspective of the US dollar, this amount is approximately $ 375 million at current prices. According to VentureFounder, this whale now has its highest wallet balance in four months as it racked up prizes of around $ 30,000.

8 consecutive (working) days of purchase:

The 3rd largest #Bitcoin whale wallet added an additional 616 #BTC today at $ 57.4,000 for a total of $ 35.3 million.

The #whale bought 6,665 BTC in less than 1.5 weeks. This is the highest portfolio balance since July 2021 (the low accumulation period of $ 30,000) pic.twitter.com/b7UH6ac9I9

venturefounder (@venturefounder) November 24, 2021

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