Massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position

The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March 24

A massive Bitcoin whale wallet has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency.

The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March 24, blockchain analytics firm Arkham Intelligence said in an X post.

At the same time, another Bitcoin whale has woken up after eight years of dormancy, moving over 3,000 Bitcoin, worth $250 million, in one transaction on March 22.

“His Bitcoin stack went from $3M in early 2017 to over $250M today — and he’s held Bitcoin on one address for over 8 years,” Arkham said.

The bulk of net inflows came from iShares, which clocked $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.

Another huge Bitcoin holder, BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets under management, has been steadily accumulating more Bitcoin over the last week as well.

According to Arkham, across 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion.

suggest that across 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion.

coin was trading at $81,000 and $88,000 in the last seven days, according to CoinGecko, with a price surge of 3% on March 24, distancing itself further from its $76,900 low on March 11.

The whale movement comes amid a recent Bitcoin price rebound. Litcoins price surged by 3% on March 24, trading at $81,000 and $88,000 in the last seven days, according to CoinGecko. This puts it further away from its recent low of $76,900, which it reached on March 11.

suggest that across 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion.

According to Lookonchain, a lone Ether whale also massively increased their crypto stash, adding 7,074 Ether (ETH) to their holdings on March 21, which amasses to $13.8 million.

suggest that the bulk of net inflows came from iShares, which clocked $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.

According to the blockchain analytics firm, iShares US Minimal Variance Technical Value Factor (IVV) also applied for a Variable Rate Preferred Securities etf.

suggest that iShares US Minimal Variance Technical Value Factor (IVV) applied for a Variable Rate Preferred Securities etf. According to the blockchain analytics firm, iShares US Minimal Variance Technical Value Factor (IVV) applied for a Variable Rate Preferred Securities etf.