CryptoIntelligence
2024-05-05 15:43:34

Bitcoin Whale ‘Mr. 100’ Resumes Buying Amid Market Dip, Analysts Anticipate Price Consolidation and Potential Upswing

The notable Bitcoin whale known as “Mr. 100” recently made a significant purchase of Bitcoin, marking his first buy since the Bitcoin halving event in April 2024. As the Bitcoin price briefly dipped to $56,000, Mr. 100 added over 4,100 BTC to his holdings, purchased around the $58,000 level. This acquisition, valued at approximately $242 million, was highlighted by the analysis of on-chain data from Bitinfocharts, brought to attention by user HODL15Capital. This transaction comes after a hiatus since April 19, the day before the halving, during which the whale did not acquire any additional Bitcoin. The “Mr. 100” wallet,

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