The 200 million bitcoin purchase, the whales are back up!

The 200 million bitcoin purchase, the whales are back up!

By Web3Pen | DeFi Nexus | 25 Mar 2025


59205782de9b666175761ab88ca6b94f94105b2e6822e44bc144ada49d8a3522.jpg.A large bitcoin whale has just bought 2,400e previous sales, the whale now holds more than 15,000 bitcoins worth more than 1.3 billion.

The whale's move comes as the price of bitcoin has risen by 4% in the past seven days. CoinGecko data shows that bitcoin prices have fluctuated between 81,000 and 88,000 bitcoins worth more than 200 million. The purchase came after the whale had sold 11,400 bitcoins in recent months.

According to Arkham Intelligence, the acquisition took place on March 24. Despit in the past seven days,rising 3 percent on March 24.

Notably, the cryptocurrency had hit a low of 76,900 on March 11, but is now moving away from that level.

Meanwhile, another bitcoin whale has woken up after eight years,moving more than 3,000 bitcoins on March 22. These Bitcoins are now worth 250 million.

In addition, BlackRock also bought 4,054 bitcoins last week, bringing its total assets to 573,878 bitcoins worth more than 50 billion.

BlackRock's ETF also boosted bitcoin'S ETF in the United States, and after five weeks of capital outflows, it was able to record 744.4 million in net capital inflows.

In the meantime,an Ethereum whale (ETH) also bought 7,074 ethereums worth 13.8 million on March 21. According to data,the price of Ethereum has fluctuated between 1,876 and 2,097 in the past seven days.

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DeFi Nexus
DeFi Nexus

I’m passionate about the world of cryptocurrencies and decentralized finance. I enjoy sharing updates and insights to make these exciting topics easy to understand and fun to explore.

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