How are the “fat people” behaving on the cryptocurrency market, i.e. the richest investors? The 100 most impressive addresses with Bitcoin have collected nearly 350,000 BTC more in the last 30 days. Most have hardly reacted to the recent decline in Bitcoin’s price from $ 41,000 to less than $ 33,000. Of the addresses that have made any transactions in the last 30 days, only eight have more than ten transfers in their registry since December 12.
Fat people do not sell!
More data? Big fish are not selling their resources so far. Eight wallets from the top ten received the first transaction in September 2018. The newest address, which is also the first hundred of the “thickest” ones, was created just two months ago.
However, not all addresses are those belonging to the so-called whales. Addresses also belong to exchanges. At least ten are controlled by companies such as Huobi, Binance, Bittrex, and Kraken. The rest is probably up to institutional investors and just wealthy hodlers.
How to become a whale?
And how to become a big fish in the market? To top the address list in the Bitcoin network, you need over $ 336 million in BTC. However, about $ 2.2 billion is needed for the top ten.
You can also … create a cryptocurrency. It is believed that at least some of the TOP 100 addresses belong to Satoshi Nakamoto.
The third “thickest” address, with 94,506 BTC intact, made headlines in September 2019 after Glassnode announced that 73,000 BTC in its wallet had been transferred from Huobi. It was supposed that this was the address of the stock exchange.
According to BitInfoCharts, out of 64 of the 100 addresses, not a single satoshi was ever paid out.
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