Top 6 Bitcoin Whales Hold Over $10,000,000,000 – Here’s What We Know About Them

August 12, 2023

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In a recent revelation, six of the largest unidentified whales in the cryptocurrency space have been found to hold over $10 billion in Bitcoin ($BTC). This accounts for approximately 2% of the current circulating supply of Bitcoin, a staggering figure that has caught the attention of many in the industry.

Here’s a detailed look at these mysterious whales:

What you'll learn 👉

Wallet 1: 37X

Identity: Unknown
Average Cost Price: $10.5k
Amount: 94.5k BTC
Net Worth: $2.78b
Unrealized Gain: 178% or $1.74b
Circulating Supply: 0.49%
First Active: September 2019

Wallet 2: 1Fee

Identity: Mt Gox Hacker, March 2011
Average Cost Price: $29k
Amount: 79.96k BTC
Net Worth: $2.35b
Unrealized Gain: 1.39% or $30m
Circulating Supply: 0.41%
First Active: March 2011

Wallet 3: bc1qd

Identity: Unknown
Average Cost Price: $31.9k
Amount: 59.3k BTC
Net Worth: $1.74b
Unrealized Loss: 8% or $150m
Circulating Supply: 0.3%
First Active: November 2021

Wallet 4: 1Ld

Identity: Unknown
Average Cost Price: $569
Amount: 53.8k BTC
Net Worth: $1.58b
Unrealized Gain: 5,063% or $1.55b
Circulating Supply: 0.28%
First Active: October 2014

Wallet 5: 1Lru

Identity: Unknown
Average Cost Price: $7.3k
Amount: 44k BTC
Net Worth: $1.29b
Unrealized Gain: 302.25% or $968m
Circulating Supply: 0.23%
First Active: November 2019

Wallet 6: bc1qj

Identity: Unknown
Average Cost Price: $26.3k
Amount: 36.29k BTC
Net Worth: $1.07b
Unrealized Gain: 12% or $114m
Circulating Supply: 0.19%
First Active: March 2021

Conclusion

The discovery of these six unidentified whales holding a significant portion of Bitcoin’s circulating supply is a wild revelation. It highlights the concentration of wealth within the cryptocurrency space and raises questions about market influence and potential manipulation.

The varying unrealized gains and losses among these wallets also provide a fascinating glimpse into different investment strategies and market timing. As the crypto market continues to evolve, the actions and identities of these whales will remain a subject of intrigue and speculation, reflecting the complex and often opaque nature of the digital asset landscape.

Analysis by @Prithvir12: The Six Unidentified Whales of Bitcoin

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