An anonymous trader from February 9 to 12 bought more than 41,000 BTC for a total of $ 400 million, increasing his balance to 96,650 units. This is reported by MarketWatch.
“It is not yet clear who this big buyer is, but many bought bitcoin at a deep drawdown and continued to buy when the position of regulators in the US and Asia cleared up,” said Alex Sunnarborg, the founding partner of Tetras Capital.
President of 360 Blockchain USA Jeff Cohen is convinced that such a large purchase signals in support of the bullish trend, as many small traders will conclude that the big players have designated a bottom for $ 6000.
“I’m ready to believe that Wall Street smelled blood smell at around $ 6,000 and decided to go back,” he said.
Recall, bitcoin again rose to over $ 10,000, and the cryptocurrency market capitalization is about 495 billion dollars.