#BTC

Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.

The Bitcoin whale entity nicknamed “Mr. 100” has bought the Bitcoin 

BTC$63,266

 dip for the first time since the Bitcoin halving. Meanwhile, multiple market analysts suggest that the local Bitcoin bottom may be in as the price bounces from $56,000 lows.

4,100 BTC added for the first time since Bitcoin halving

The Mr. 100 whale wallet has added over 4,100 BTC worth over $242 million, around the $58,000 mark, according to on-chain data from Bitinfocharts, as noticed by X user HODL15Capital.