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JAKARTA The owner of the most Bitcoin is reported to have added to his BTC collection. The decline in Bitcoin prices in recent months, apparently, seems to give advantages to other Bitcoin owners who buy more number one cryptocurrencies by market capitalization.

The Bitinfocharts page shows that the number one owner of Bitcoin is the cold wallet address belonging to the Binance crypto exchange with a total ownership of 252,597 BTC worth 5.1 billion US dollars.

While the owner of the second largest bitcoin is the Bitfinex crypto exchange which has 168,010 BTC worth US$3.4 billion. While the third largest Bitcoin owner is occupied by wallet addresses that do not belong to crypto exchanges but individuals.

Based on reports, Bitcoin owners who are not exchanges or crypto exchanges, who are ranked third of the 100 largest BTC owners, have bought up thousands of BTC when the price plummeted.

The individual wallet address previously had 127,873 BTC. Recently, he has purchased 4,816 BTC over the past month, spending more than 102 million US dollars. With this amount, he currently owns 132,189 Bitcoins worth 2.53 billion US dollars.

The Giga-Whale was detected as buying 186 BTC in recent days. Then he bought 601 BTC, then 815 BTC. Another purchase took place in June, he bought 36 BTC to 488 BTC. The individual's wallet address only sold his holdings once in June. He was recorded only selling 500 BTC that month.

According to an IntoTheBlock report last June, Giga-Whale's BTC or whales with 100,000 Bitcoins and above have reached its new high.

The ownership of BTC Giga-Whale hit a new record. The number of BTC held by entities with more than 100,000 BTC reached new highs on Friday. More than 776,000 BTC is held by a total of 5 addresses with more than 100,000 BTC, growing more than 16% in the last 30 days, wrote a statement from IntoTheBlock.


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