This Bitcoin (BTC) whale allocates $1 million every day, regardless of price. How much is he holding?

Vladislav Sopov

An anonymous crypto investor known as @Capital15C on Twitter is following some particularly optimistic Bitcoin (BTC) whales

contents

• “Regardless of price”
• Whales buy again?

Whale activity is often interpreted as an interesting indicator of Bitcoin (BTC) price development. However, some large holders are ardent supporters of the DCA strategy, according to a new analysis.

“Regardless of price”

As per the screenshot shared by @Capital15C on Twitter, there is an account on the Bitcoin (BTC) network that pours around $1,000,000 in digital gold every day, regardless of its price fluctuations.

Buy #Bitcoin like this guy 👇

Bought $1 million BTC every day regardless of price pic.twitter.com/PXSk741ECZ

— C15Capital ⚡️🇺🇸 (@Capital15C) April 9, 2022

The screenshot covers the period from February 22, 2022 to today. At the beginning of this period, the account held 8,652 bitcoins (BTC), while on April 7, 2022, it allotted over 9,779 bitcoins (BTC).

Therefore, he/she bought Bitcoins (BTC) in a wide price range: from $35,000 to $47,000. It seems that his/her confidence is growing even more: in the last few days, “daily” investments have risen to over $1.2 million.

The dollar valuation of the assets held by the account mentioned increased to $426 million from $326 million; this corresponds to an increase of 30.67%.

Whales buy again?

Also, the same analyst spotted a super-aggressive whale that has increased its pockets tenfold since early March 2022. By buying 500-1000 Bitcoins (BTC) every day, he/she increased his/her wealth from $36 million to $434 million.

However, commentators acknowledged that this could be a go-between – not an ardent holder confident that the next phase of Bitcoin’s (BTC) rally is at hand.

As previously reported by U.Today, Bitcoin (BTC) whales were at a crossroads in mid-March 2022: the trend to buy or sell was not clear.

Over the past few days, amid a bitcoin (BTC) price drop, multiple wallets of Satoshi-era whales have been moving their coins, which is an alarming signal for bitcoin (BTC) bulls.

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