Secret Wallet Has Collected $3 Billion In Bitcoin, In 3 Months.
A mysterious new Bitcoin owner has gathered over $3 billion in just three months, sparking rumors that it could be major firms like BlackRock or Gemini.
A new big Bitcoin owner appears and might be BlackRock or Gemini
Someone has collected more than $3 billion in Bitcoin in a short time.
Main Points
A new person or group now has over $3 billion in Bitcoin.
We don't know who it is.
In the last three months, someone has bought 118,300 Bitcoins, worth more than $3 billion. We don't know who this is, but some people think it might be companies like Gemini or BlackRock.
This Bitcoin collector has quickly become one of the biggest owners, only behind two big online companies, Binance and Bitfinex. Some experts think it could be a big online exchange like Gemini.
People online also think it might be BlackRock, a very big money manager. This idea comes because the Bitcoin buying happened around the same time BlackRock wanted to start a new Bitcoin product.
Right now, Bitcoin's price has dropped by 1.2% in one day and has gone down by 11% in one week, says coinpapirka.
