The New Old ‘Bronze’ Entrant Among BTC Holders
posted 22 Aug 2023
As per BitInfoCharts, the wallet address bc1q…859v2 received its initial deposit of BTC on March 8. Over the following three and a half months, it amassed 118,000 BTC (nearly $3.1 billion).
Speculations quickly spread across X (Twitter), suggesting it might be BlackRock strategically increasing its BTC holdings.
However, the wallet belongs to the US-based exchange Gemini. It transferred its funds from an older wallet, which was also among the top BTC holders nearly a year ago.
The current top three wallets are as follows:
Binance cold wallet — 248,597 BTC.
Bitfinex cold wallet — 178,010 BTC.
Gemini new wallet — 118,300 BTC.
Speculations quickly spread across X (Twitter), suggesting it might be BlackRock strategically increasing its BTC holdings.
However, the wallet belongs to the US-based exchange Gemini. It transferred its funds from an older wallet, which was also among the top BTC holders nearly a year ago.
The current top three wallets are as follows:
Binance cold wallet — 248,597 BTC.
Bitfinex cold wallet — 178,010 BTC.
Gemini new wallet — 118,300 BTC.
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