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Anonymous investor buys $150 million in bitcoins at once

During the recent collapse of the cryptocurrency market in general and bitcoin in particular, the big cryptocurrency holder, who remains anonymous, spent a lot of money buying new assets. Recently, the price of the coin has dropped by nearly 30%, after which bitcoins have dropped to less than $50,000, inevitably attracting some investors.

According to BitInfoCharts, a service that monitors blockchain transactions, the buyer is the third largest in the world in terms of accumulated bitcoin assets. For the next purchase, around $150 million was spent, for which more than 3,000 bitcoins were purchased.

The anonymous holder now owns about $5.9 billion in bitcoins, taking new acquisitions into account. For the first time, a crypto investor became active in February 2019, when Bitcoin established one anti-record after another and cost about $3,000. Thanks to this, the cryptocurrency holder has managed to increase the value of their savings over time by $3.4 billion.

Bitcoin prices tumbled tens of percent last Saturday amid an overall slump in the cryptocurrency market, and the rate of cryptocurrency against the dollar has been gradually recovering ever since. Industry insiders believe that many factors influenced the market's downturn – from the emergence of a new strain of the Omicron coronavirus to news of a possible tightening of monetary policy by the US Federal Reserve.

AVnews