- A whale purchased 1,062 Bitcoin on Binance, increasing their holdings to 10,043 BTC, now valued at $600 million.
- The whale’s substantial Bitcoin holdings place them among the largest individual investors in the market.
- Bitcoin’s price saw a 3.27% increase, reaching $60,019.18, with a market cap of approximately $1.19 trillion.
A transaction was recorded on Binance as a whale purchased 1,062 Bitcoin, valued at approximately $64 million. This transaction has brought the total holdings of this particular whale to 10,043 BTC, now worth an estimated $600 million.
Major BTC Purchase on Binance
The addition of 1,062 BTC on Binance, one of the cryptocurrency exchanges globally, has shown continued interest in BTC among major investors. The whale, already a powerful holder, increased their Bitcoin holding with a single purchase valued at $64 million.
Whale Holdings Reach New Heights
With this latest purchase, the whale now holds a total of 10,043 BTC as noted by Ash Crypto via the X Space. Based on current market prices, this amounts to an approximate value of $600 million.
The size of these holdings places this whale among the immense number of individual Bitcoin holders, underscoring their substantial influence in the cryptocurrency market. The buy of 1,062 BTC in Binance has brought their total holdings to over 10,000 BTC, valued at $600 million.
Bitcoin Market Activity
CoinMarketCap data indicates that BTC is trading at a price value of $60,019.18, signaling a 3.27% increase in one day. The market cap reads a 3.39% surge generating $1.19 trillion, while the 24-hour trading volume surged by 9.94% to $32.58 billion.
Source: CoinMarketCap
The digital asset in circulation reads at 19.75 million BTC and a max supply of 21 million BTC. The fully diluted market cap is $1.26 trillion. CoinMarketCap price chart indicates a recovery from a low of around $58,130 earlier in the day, showing upward movement at the time of writing.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
