Original author: Auguste

On July 15, according to iChainfo (search.ichainfo.com), the famous whale address 1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP, nicknamed Mr. 100 by industry insiders, once again purchased more than 100 bitcoins in four times, bringing the total number of bitcoins held to 71,587, with a total amount of US$4.49 billion, of which unrealized profits reached US$1.25 billion.

来源：https://search.ichainfo.com/bitcoin/address/ 1 Ay 8 vMC 7 R 1 UbyCCZRVULMV 7 iQpHSAbguJP #activity

1 Ay 8 vMC 7 R 1 UbyCCZRVULMV 7 iQpHSAbguJP likes to buy Bitcoin in units of 100, which is why he is called Mr.100. Through all his purchase transactions, we can also see that the range of 100-110 BTC is his favorite trading range, and the number of transactions in this range accounts for more than half of all transactions.

Source: search.ichainfo.com

However, the most amazing thing is not his perseverance in buying in units of 100 BTC, but the timing of his purchase of Bitcoin. His first purchase transaction was in November 2022, which could be said to be the bottom of the last bear market. He entered the market from the bottom of the bear market and accumulated a large amount of Bitcoin at a low price.

Source: tradingview

In the recent bull market, as the price of Bitcoin continued to rise, Mr. 100 continued to buy Bitcoin. However, in the process, he would also sell appropriately at the stage highs. From the chart, we can see that he reduced his positions slightly at the stage highs in February, April and July 2023, and stopped buying when the price of Bitcoin reached a high in June 2024.

Source: search.ichainfo.com

However, in July, as the price of Bitcoin fell slightly, Mr. 100 began to buy Bitcoin again, which increased his average cost to $45,000. However, his firm buying behavior also reflected his confidence in the entire Bitcoin market.

Source: search.ichainfo.com

Mr.100’s total earnings have reached $1.68 billion, of which $430 million has been realized and $1.25 billion has not been realized. When he will realize these earnings will also be one of the important trends that market participants need to pay attention to.

Source: search.ichainfo.com

来源：Mr.100 continues to buy BTC, with unrealized profits reaching $ 1.25 billion