"Unveiling the Mystery of Bitcoin Whales: Who's Buying and Selling Big in 2022?"

1 min read
Source: BBC.com
"Unveiling the Mystery of Bitcoin Whales: Who's Buying and Selling Big in 2022?"
Photo: BBC.com
TL;DR Summary

Wealthy corporations and institutions like Grayscale, BlackRock, and Fidelity are buying up bitcoins, making them the so-called 'Bitcoin whales'. Other significant holders include cryptocurrency exchanges, unknown individuals with large wallets, and the anonymous creator of Bitcoin, Satoshi Nakamoto. Additionally, regulated investment firms, law enforcement agencies, and public figures like Michael Saylor and the Winklevoss Twins also hold substantial amounts of bitcoins. The surge in Bitcoin's value is attributed to the actions of these large holders, rather than individual retail investors.

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