A massive cryptocurrency holder, often referred to as a "whale" in the crypto community, recently made a substantial deposit of 1,200 Bitcoins into the Kraken exchange platform. This deposit, made just 43 minutes prior to this update, amounts to a staggering $77.67 million at the current market value. However, this deposit is just a glimpse into the whale's extensive holdings, as they have been accumulating Bitcoin over an extended period.
The whale currently boasts an impressive stash of 24,755 Bitcoins, which translates to a jaw-dropping $1.68 billion in valuation. This accumulation spree occurred between March 1 and April 15, showcasing a strategic approach to accumulating the cryptocurrency. Notably, the average purchase price during this period was $68,051 per Bitcoin, indicating a well-timed and strategic investment strategy.
