Mysterious Bitcoin whale becomes 14th-biggest BTC holder

A mysterious Bitcoin wallet has amassed over 52,996 Bitcoin, worth over $3.5 billion, according to on-chain data. The wallet has been accumulating BTC since at least November 2022, following the collapse of FTX.

 

The whale is now the 14th largest BTC holder in the world. On-chain data suggests that the wallet could be owned by South Korean cryptocurrency exchange Upbit.

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