NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

3rd Biggest Bitcoin Stash Now Belongs To Unknown Wallet, Amassed In Over 3 Months

Kent Tenix
Kent Tenix
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the recent revelation, some speculations and theories have been trending about the owner of the mysterious wallet.

BitInfoCharts Shares Data About Mysterious Wallet

The crypto statistics platform, BitInfoCharts, provided data regarding the mysterious wallet. The data indicated that the wallet first received some BTC coins on March 8. Within three months and two weeks, the wallet amassed 118,000 BTC. Going by the current prices in the crypto market, the coins are worth $3.08 billion.

Related Reading

Polygon

Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery?

1 year ago

Despite holding such a large number of BTC, the whale is still not the largest in the sector. Data from BitInfoCharts disclosed that the current largest Bitcoin wallets in the world belong to Binance and Bitfinex and these top two BTC wallets are currently operating as cold wallets.

Binance’s cold wallet emerged as the global largest BTC holder on March 10, 2021, with 143,528 BTC. It progressed gradually to hit an all-time high of 299,427 BTC by June 2021. But the wallet’s holding as of June 2023 was 248,597 BTC coins worth over $6 billion, according to the current prices.

On the other hand, Bitfinex’s cold wallet is ranked the second-largest BTC holder, while the mysterious wallet occupies the third position currently. Interestingly, the fourth-largest Bitcoin wallet is another Binance cold wallet.

Does BlackRock Own The Mysterious Wallet?

Following the emergence of the mysterious wallet as the third-largest Bitcoin holder, speculations and theories started flowing within the crypto space and many have suggested the possible owner of the wallet.

One X (formerly Twitter) user, DivXMan, pointed out that the mysterious wallet witnessed its initial major transaction of 3,400 BTC tokens on May 16, 2023. One month later, the largest global asset manager Blackrock filed for a spot in Bitcoin ETF on June 15. Another user posted a huge black rock, suggesting that the wallet belongs to BlackRock.

This has triggered a rumor that BlackRock could be the owner of the unknown wallet. This is based on close timing between its Bitcoin ETF filing and the wallet’s key accumulation of BTC. However, the theories about BlackRock being the possible owner of the mysterious wallet lack concrete evidence. 

Notably, the application for a spot BTC ETF from BlackRock created a large wave within the crypto market. And if the US Securities and Exchange Commission (SEC) approves the filing, it would become the first Spot Bitcoin ETF to trade in the US.

Related Reading

Bitcoin price

Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means

1 year ago

Besides BlackRock, other prominent companies and entities applied for a spot in Bitcoin ETF. These include Fidelity, Valkyrie, Invesco, and Wisdom Tree, among others.

Featured image from Pixabay and chart from TradingView.com
Tweet123Share196ShareSend
Kent Tenix
Kent Tenix

Kent Tenix

Kent is a talented freelance writer and journalist who creates insightful and thought-provoking content. With over 5 years of experience, she has honed her skills and established herself as an expert in her field. Kent is especially passionate about in-depth reporting and investigative journalism. She thoroughly researches every topic and story she covers to provide readers with comprehensive information and perceptive analysis. Whether she's reporting on crypto, business, technology, or finance, Kent prioritizes accuracy, nuance, and integrity. Her goal with every piece is to inform readers and inspire meaningful conversations and positive change. Kent enjoys traveling, photography, and spending time with her family when she's not tirelessly conducting interviews or poring over data. She hopes to continue using her writing to enlighten and engage audiences on issues that matter.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

shib-price-prediction-snorter-bot-ai-meme-coin-may-surge-21000-year-end-tw

SHIB價格預測可以再翻倍?AI迷因幣Snorter Bot爆紅預測年底或飆升21000%!

隨著2025年進入第四季度,加密市場的焦點再度回到迷因幣板塊。Shiba Inu(SHIB)作為老牌社群代幣仍穩居主流位置,而新興AI交易迷因幣Snorter Bot(SNORT)則以創新功能與實際應...

Kelvin Lee 11 hours ago
dogecoin doge dogeusd

Dogecoin (DOGE) Falls 10% to $0.17 as Whales Dump $74M Despite Nasdaq Merger Hype

In the past 24 hours, Dogecoin (DOGE)’s price slipped another 10% to $0.17, extending a weekly drop of more than...

James Halver 11 hours ago
스테이블코인 시즌 개막,,, 미래 결제 인프라의 핵심 주역은?

스테이블코인 시즌 개막···미래 결제 인프라의 핵심 주역은?

핵심 요약 스트라이프의 스테이블코인 부문인 브릿지(Bridge)가 GENIUS법에 따라 미국 전국 신탁은행 인가를 신청, 서클·리플·팍소스·코인베이스와 대열 합류 GENIUS법은 ...

Soyeon Lee 14 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana, MATIC, Worldcoin, SUI

Analyst Warns Solana Price Risks Major Breakdown, Should Investors Worry?

Rubmar Garcia 4 hours ago
cardano ada adausd (2)

Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip

James Halver 9 hours ago

BTC將在76天內漲至25萬美元? Bitcoin Hyper 達成重大里程碑 預售融資突破2400萬美元

newsbtc 9 hours ago

Premium Sponsors

Press Releases

  • 新しい仮想通貨が登場:ビットコインをより速く、低コストでDeFi対応へ導く革新プロジェクト

    ...

    32 minutes ago
  • Най-добрите крипто пресейлове защо се прогнозира Maxi Doge да нарасне 100x до 2026 г.

    Най-добрите крипто пресейлове...

    22 hours ago
  • ドージコイン 今後 の価格見通し:ETF期待とクジラ買い集めが示すブレイクアウトの兆し

    ドージコイン 今後...

    24 hours ago
  • リップル 今後の価格予測:5倍ETF申請で上昇に拍車か — 100ドル到達は目前?

    リップル...

    24 hours ago
  • 仮想通貨プレセール注目:2,390万ドルを突破した新世代ビットコイン系プロジェクト

    ...

    1 day ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.