Mysterious Investor Buys $400 Million in Bitcoin

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Mon, 02/19/2018 - 19:26
Alex Dovbnya
Cover image via U.Today

An anonymous trader with the address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased almost $400 mln worth of Bitcoin between Feb. 9 and Feb. 12. The purchase brought the buyer’s Bitcoin balance to over 96,000 BTC. Bitcoin’s price has increased more than 60 percent since the recent $6,000 low on Feb. 6.

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