A mysterious Bitcoin holder has quietly become the biggest non-exchange BTC whale in the world after accumulating 144,664 coins worth over $2.4 billion at time of writing.
According to data from BitInfoCharts, an unknown entity has suddenly surpassed all other whales on the Bitcoin Rich List, and now sits only under the cold storage wallets of crypto exchanges Binance and Bitfinex.
As per BitInfoCharts, the whale currently has over $800 million in unrealized losses as it continues to accumulate BTC with apparent conviction.
As the wallet has yet to be identified as any known entity, it is unclear whether they are an exchange, institution or individual.
Pseudonymous on-chain analyst Venturefounder says that the whale’s activity is not indicative of a crypto exchange.
“Note, while it’s