Everything or nothing - this is probably the slogan of a mysterious investor who, last week, made purchases of nearly $ 400 million of Bitcoin's most popular crypto, says Marketwatch.
The deals have taken place amid the recovery of digital currencies since the terrible start of 2018. After Bitcoin lost more than 50% of its value for the first month of the year and fell to levels of $ 6,000 per share, in the last week, the experimentation, at least in part, returned to the cryptomarket, and the digital currency ended trading Friday at 10,763 dollars per issue. This is 60% above the bottom, registered on February 6th.
The bold buyer's identity is still unclear, but according to BitInfoCharts, his digital address is 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64. The purchases took place between 9 and 12 February, when the price was moving in the corridor from $ 8,200 to $ 8700. The investor's portfolio has increased from 55,000 to 96,650 units, which means that its current value exceeds $ 1 billion.
"In social networks, it is now full of any conspiracy theories about this trader." In my opinion, the Wall Street guys just "sniffed blood" when Bitcoin hit the bottom of $ 6,000 in cash and are now back on the market to make quick profits, "said Marketwatch, president of 360 Blockchain USA, Jeff Cohen.
According to Coinmarketcap.com, Bitcoin's total market capitalization to date is just over $ 180 billion.
image source - Instagram
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