The world’s largest over-the-counter bitcoin whale now holds more than $ 2 billion in BTC after a series of major transactions earlier this month. The term “whales” refers to investors who are large owners of digital assets.
According to the BitInfoCharts data platform, since June 14, the whale has added 2,554 bitcoins to its portfolio. The richest non-exchange owner of PTS currently owns a total of 130,227 BTC or 0.68% of the market supply. It is the third largest wallet in the world after the wallets owned by the cryptocurrencies Binance and Bitfinex.
According to the analytical company Santiment, the decline in the cryptocurrency market has provoked an increase in the number of bitcoin whales and their activity – the rich buy bitcoin at a low price, which seems quite logical.