#BTC #news

Mr. 100 transactions. Source: Bitinfochart 

This represents the wallet’s first Bitcoin purchases since April 19, the day before the 2024 Bitcoin halving.

The given whale address has been continually receiving BTC since November 2022, when the FTX exchange collapsed. The wallet has been adding at least 100 BTC nearly every day since Feb. 14, except for the post-halving period.

Mr. 100 is currently the 12th-largest Bitcoin holder, with over 65,155 BTC, according to Bitinfocharts data.

The address is sitting on $1.4 billion in unrealized profit, up around 33% on its all-time Bitcoin holdings, with an average buying price of $36,572 per BTC. The wallet is currently worth over $3.86 billion.