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BTC

crypto

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A Bitcoin whale, dubbed "Mr. 100," has gained attention by accumulating over 52,996 Bitcoin, valued at more than $3.5 billion, according to on-chain data. This mysterious figure, whose identity remains unknown, has been steadily acquiring Bitcoin since at least 2019, with regular purchases of at least 100 BTC per day since February 14. The wallet associated with Mr. 100 has been active since November 2022, coinciding with the collapse of the FTX exchange. Notably, Mr. 100 acquired 52% of the total Bitcoin purchased by the top 10 Bitcoin exchange-traded funds (ETFs) on March 15. Despite Bitcoin's price nearing all-time highs, Mr. 100 continues to accumulate, adding 400 BTC on March 12 when Bitcoin exceeded the $72,000 mark. This enigmatic investor's actions have sparked curiosity and speculation within the cryptocurrency community.

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