The mysterious whale Mr.100 bought more than 7,700 BTC in a single month! Becomes the 15th largest Bitcoin wallet

According to BitInfoCharts data, a mysterious address called "Mr. 100" has been buying more than 100 Bitcoins in batches almost every day since February 15. Especially after the price of Bitcoin exceeded $60,000, this address even accelerated its holdings, attracting the attention of the community.

• Increased its holdings of BTC 15 times on February 28, accumulating a total of 1,622 BTC in a single day.

• On February 29, Mr.100 increased its holdings of BTC 16 times, accumulating a total of 1,611 BTC in a single day, with a maximum cost of $62,990

• On March 1, Mr.100 increased its holdings of 106.68 and 102.19 BTC respectively, with a cumulative increase of 208.87 BTC in a single day.

According to the latest statistics, this address currently holds 51064.18 BTC, with a total value of 3.14 billion U.S. dollars, and the Bitcoin held has accumulated Profit reached US$1.6 billion. As a result, Mr.100 has become the 15th largest whale among Bitcoin holders, holding 0.2595% of the total Bitcoin supply, and has accumulated 7,723 BTC in the past month.

may be the Upbit address?

So far, it is still unclear who Mr. 100 is? However, on-chain analyst Mai predicted that the address may be related to the South Korean cryptocurrency exchange Upbit, because the address is very active during Asian hours, with about 75% of its active time being during Asian hours, and the rest during American hours.

After tracking all the transactions, Mai mentioned that he believed that the wallet address was not an individual, but an organization or market maker. Mr.100 hoarded Bitcoin through many exchanges, but 90% came from Upbit and Bithumb , occasionally buys on Binance and OKX, so this is likely to be Upbit’s currency storage address.

Mai pointed out that Mr.100’s transactions were all robot transactions, and he also used a small wallet address to buy BTC, which is similar to Upbit’s behavior of using a small wallet address to buy altcoins on the ETH network, and this address has been There were transactions from the Upbit exchange and the founder of Bithumb, so he believed this was the Upbit market maker address.

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