Bitcoin Whale Acquires 800 BTC Worth $84.87 Million After Two-Year Hiatus

Updated blockchain data shows two whale addresses bought over 2,100 BTC in the past year, with recent Binance transfers hinting at profit-taking while significant ETH and BTC reserves remain intact.

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Summary

Between February 2024 and February 2025, two whale-controlled addresses purchased a combined 2,189.23 BTC at an average price of $66,169.48, spending $144 million. One address recently deposited 250 BTC to Binance, potentially securing $6.28 million in profit. The whale still retains 30,578 ETH and 500 BTC worth $139 million on-chain, alongside prior large BTC acquisitions, reflecting continued accumulation and selective profit-taking by major holders.

Terms & Concepts
  • Whale: A term used to describe an individual or entity that holds large amounts of cryptocurrency, often capable of influencing market movements.
  • BTC: The ticker symbol for Bitcoin, the world’s first decentralized digital currency.
  • ETH: The ticker symbol for Ether, the native cryptocurrency of the Ethereum blockchain, used for transactions and smart contract operations.