According to on-chain data, the crypto whale with the address 12VuU continues to make significant accumulations despite the recent increase in Bitcoin (BTC) prices.
The whale has been buying Bitcoin almost every day for the last 3 months.
The crypto whale increased its accumulation by purchasing another 20.69 BTC worth $1.99 million through Binance. With this transaction, the whale has accumulated a total of 197 BTC worth $18.5 million this week, and the average purchase price was recorded at $93,890.
As of now, this giant whale has 570 BTC worth $55.47 million in its wallet. This whale, which transferred a very small amount of BTC two years ago and has been inactive since then, started buying Bitcoin three months ago and has continued to acquire new BTC almost every day.
At the time of writing this article, according to Binance TR data, the price of Bitcoin is trading at $96,175 and has gained 1.49% in value over the past week.
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I EXPLAIN IN DETAIL.
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So who can benefit?
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