A mysterious investor spent over $3 billion to purchase more than 133,000 Bitcoins on Aug. 10, becoming one of the three largest individual holders of the digital currency.
The unknown buyer purchased their Bitcoins for an average of $23,000.
Satoshi Nakamoto is the largest holder ofBitcoin among all individuals, exchanges, governments and companies, according to data from June 2022. After launching the Bitcoins in 2009, Nakamoto is estimated to have mined over 22,000 blocks, each with a 50 BTC reward. The estimates show that Nakamoto holds more than 1.1 million Bitcoins in over 22,000 different wallets.
The largest holder of cryptocurrencies is Grayscale, which holds more than 683,480 Bitcoins. Grayscale is the second largest holding of a coin in all categories, and is the second largest holding in all categories. Binance is the first to rank among the exchanges that hold Bitcoins, with approximately 447,197 Bitcoins.
Almost all of the individual criptocurrency holders have unknown identities except for Winklevoss Twins. Cameron and Tyler Winklevoss invested the millions they earned from a lawsuit against Facebook in Bitcoins and became the first billionaires of the digital currency. They own 1% of all the Bitcoins in circulation. They are third among the individuals with the largest holdings of Bitcoins.
The CEO of Binance, Changpeng Zhao, is estimated to be among the largest holders, as his net worth is $96 billion. He admitted that his holdings of cryptocurrencies make up most of his net worth and he only holds Bitcoin as an investment.
The mysterious investor who purchased 113,000 Bitcoins has now placed himself right behind Nakamoto as the second individual with the largest holdings of the digital currency, according to the chart above.
The largest Bitcoin holders started to sell off as soon as the winter market started. The trend has been going on since the beginning of May 2022. While the largest holders stayed out of the markets, enthusiasts without a significant amount of spare started to collectBitcoin. The prices are affordable, and investors with less than 10 Bitcoins are calling them Shrimps.
Jason Yanowitz, co-founder of Blockworks, said that the shrimps may be on the right path. He recently identified bear markets in criptocurrency and said that the stagnant price stage would make investors want to leave the market. The ones who resist and stay in the market will be the real winners of the coin in the long term.
During the coldest winter in history, the prices of digital currency have suffered. The price ofBitcoin was over $24,000 on August 10, after a long time.