Mister 100's Whale Wallet Surpasses 70,000 BTC Threshold

IconCryptoNewsTerminal Staff09 Jul, 2024

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Mister 100's Whale Wallet Surpasses 70,000 BTC Threshold

Surpassing a notable milestone, 'Mr.100's' famed Bitcoin (BTC) whale address (beginning with 1Ay8v) has surpassed 70,000 BTC in holdings. The whale's address, according to data from Bitinfocharts, added around 309 BTC on July 9 (Korean time), bringing its total BTC balance to 70,068. This is a significant milestone, as it represents a total value of approximately $4.017 billion. While the identity of 'Mr.100' remains uncertain, speculation has attributed the whale status to a Middle Eastern billionaire or potentially even Upbit's cold wallet. Notably, blockchain analysis platform ARKM has labeled the address as Upbit's cold wallet. It's worth noting that the 'Mr.100' whale address has been a subject of interest within the crypto community. Its substantial BTC holdings and occasional significant transactions have drawn attention, with some speculating about the whale's investment strategies and potential impact on the crypto market.