Data: A Major Whale Purchased 1075.6 BTC via Cross-Chain Transaction, Spending 85.42 Million USDC.
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Crypto Whale Buys $85 Million of Bitcoin Through THORChain in Four Days
Who Is Buying More Than 1,000 Bitcoin? An unidentified crypto whale has spent approximately $85.42 million in USDC to accumulate 1,075.6 Bitcoin over four days, using THORChain to execute the purchases while BTC remains below the $80,000 level. On-chain trackers Lookonchain and Ember said the buyer accumulated the position at an average cost of approximately $79,412 per BTC. That calculation includes around $170,000 in THORChain swap fees, equiv…
Whale Accumulates 1,075.6 BTC for $85.42M as Market
Could the recent whale activity signal a shift in Bitcoin’s market dynamics? A notable whale has spent $85.42 million to accumulate 1,075.6 BTC at an average price of $79,412 over the past four days, as reported by the CryptoTwitter commentator @lookonchain. This substantial accumulation could...
According to ChainCatcher, on-chain analyst Ember has monitored a whale that has completed a cross-chain purchase of BTC. Over the past four days, the whale spent a total of 85.42 million USDC to buy 1075.6 BTC, with an average cost of $79,412, including approximately $170,000 in exchange fees paid to THORChain.
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