Whale Accumulates 2,800 BTC Worth $264M Over Two Weeks
A whale accumulated 2,800 BTC valued at $264 million across multiple addresses over a two-week period, with most withdrawn from Kraken, Hyperinsight data show. The entity withdrew an additional 45 BTC from the exchange at an average price of $101,700 in the past 24 hours. Separately, an address linked to Bitmine withdrew 21,045 ETH from Kraken, SharpLink transferred 5,442 ETH to a Galaxy Digital OTC wallet, Mt. Gox moved 185 BTC (approximately $16.8 million) to Kraken and transferred an additional $936 million in bitcoin to another Mt. Gox wallet, while trader "Maji" added to a 25x leveraged Ethereum long position bringing total holdings to $11.56 million with an unrealized profit of $154,000.