According to Onchain data, the crypto whale with the short address 12VuU continues to accumulate large amounts despite the recent rise in the Bitcoin ($BTC) price.
Giant Whale Has Been Buying Bitcoin Every Day For Almost 3 Months
A crypto whale has withdrawn another 20.69 $BTC worth $1.99 million via Binance. With this purchase, the whale has accumulated a total of 197 $BTC worth $18.5 million this week, with an average purchase price of $93,890.
The giant crypto whale currently has 570 Bitcoins worth a total of $55.47 million.
The crypto whale, who transferred a negligible amount of $BTC about two years ago, has been dormant since then, with no assets in his wallet. About three months ago, the giant whale started accumulating Bitcoin and continued to buy $BTC almost every day.
At the time of writing, according to Binance TR data, the $BTC price is trading at $96,175 and has gained 1.49% in the last week.
*This is not investment advice.