A major Bitcoin whale has made headlines by adding $200 million in Bitcoin to its wallet. This significant purchase, revealed by blockchain research firm Arkham Intelligence, occurred on March 24 after the whale had sold over 11,400 Bitcoin in recent months.
This strategic acquisition aligns with Bitcoin’s recent price surge, boosting market optimism.
Despite previous sales in February, the whale now holds over 15,000 BTC, valued at more than $1.3 billion. Arkham confirmed, “A $1 billion Bitcoin Whale just withdrew $200 million of Bitcoin this morning from Binance.”
The whale began buying back Bitcoin five days ago, after selling when prices ranged between $100,000 and $86,000. This indicates well-timed, calculated decisions based on market fluctuations.
