Bitcoin whale accumulates $356.6M in BTC

A Bitcoin whale identified as bc1qd3 accumulated $356.6 million worth of Bitcoin over a five-hour period today, representing one of the largest rapid accumulation events by a single address in recent months.

The massive purchase reflects broader whale activity patterns observed across crypto markets. Posts on X indicate that major Bitcoin holders are increasingly moving coins off exchanges into private wallets, reflecting a pattern of strategic accumulation during volatile periods.

Recent social media reports show mid-sized Bitcoin whales actively buying up supply, potentially signaling confidence in upcoming price recovery. The bc1qd3 address has emerged as a prominent player in these large-scale movements.

Insights from X posts suggest that whale movements often align with broader accumulation trends by long-term holders, enriching the narrative of quiet buying amid market fear.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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