According to Onchain data, the crypto whale with the short address 12VuU continues to accumulate large amounts despite the recent rise in the Bitcoin (BTC) price.
Giant Whale Has Been Buying Bitcoin Every Day For Almost 3 Months
A crypto whale has withdrawn another 20.69 BTC worth $1.99 million via Binance. With this purchase, the whale has accumulated a total of 197 BTC worth $18.5 million this week, with an average purchase price of $93,890.
The giant crypto whale currently has 570 Bitcoins worth a total of $55.47 million.
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The crypto whale, who transferred a negligible amount of BTC about two years ago, has been dormant since then, with no assets in his wallet. About three months ago, the giant whale started accumulating Bitcoin and continued to buy BTC almost every day.
At the time of writing, according to Binance TR data, the BTC price is trading at $96,175 and has gained 1.49% in the last week.
*This is not investment advice.
Continue Reading: Mysterious Bitcoin Whale Returns to Action: Making Transactions Almost Every Day
