Key takeaways
- A wallet starting with “bc1qd3” amassed $356.6 million worth of Bitcoin in just five hours, marking one of the largest recent accumulation events through a single address.
- The accumulation trend reflects the broader behavior of whales, with more coins being moved from exchanges to private wallets during market volatility.
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A Bitcoin whale identified as bc1qd3 Accumulated $356.6 million worth of Bitcoin over the course of five hours today, marking one of the largest rapid accumulation events for a single address in recent months.
The massive purchase reflects broader whale activity patterns observed across cryptocurrency markets. Posts on X indicate that large Bitcoin holders are increasingly moving coins off exchanges and into private wallets, reflecting a pattern of strategic accumulation during volatile periods.
Recent social media reports show that mid-sized Bitcoin whales are actively buying the supply, which could indicate confidence in the upcoming price recovery. bc1qd3 has emerged as a prominent player in these large-scale movements.
Insights from X Publications suggest that whale moves are often in line with broader accumulation trends by long-term holders, enriching the narrative of quiet buying amid market fears.
