{"id":202882,"date":"2021-10-27T15:53:44","date_gmt":"2021-10-27T14:53:44","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=202882"},"modified":"2021-10-27T16:17:19","modified_gmt":"2021-10-27T15:17:19","slug":"third-largest-bitcoin-whale-purchases-btc-worth-37-5-million","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/third-largest-bitcoin-whale-purchases-btc-worth-37-5-million\/","title":{"rendered":"Third largest Bitcoin whale purchases BTC worth $37.5 million"},"content":{"rendered":"<p>One of the largest Bitcoin whales has resurfaced with the purchase of over 596 Bitcoin yesterday, data from sources show.<\/p>\n<p>They were purchased at the price of $62,934 per Bitcoin.<\/p>\n<p>A &#8216;Bitcoin whale\u2019 is a term used to denote hefty investors who purchase Bitcoin in bulk. These whales hold enough cryptocurrency that they have the potential to manipulate the cryptocurrency valuations<\/p>\n<p>It is to be noted that the purchase has been made by the whale after showing no signs of trading these past few weeks. Initially, it has been reported that the whale had made multiple purchases in the past, including selling 500 Bitcoin in August, followed by trading 321 Bitcoin in September.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Whale whale whale, look who decided to come back:<\/p>\n<p>The 3rd largest <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&ref_src=twsrc%5Etfw\">#Bitcoin<\/a> whale wallet bought 596 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&ref_src=twsrc%5Etfw\">#BTC<\/a> today at $62.9k for a total of $37.5B USD.<\/p>\n<p>After selling lots of BTC during $50-55k, this <a href=\"https:\/\/twitter.com\/hashtag\/whale?src=hash&ref_src=twsrc%5Etfw\">#whale<\/a> has been quiet from the move up from $57k to $66k, & finally added more here. <a href=\"https:\/\/t.co\/rWrCaMGJMX\">pic.twitter.com\/rWrCaMGJMX<\/a><\/p>\n<p>&mdash; venturefound\u039er (@venturefounder) <a href=\"https:\/\/twitter.com\/venturefounder\/status\/1452847458938195968?ref_src=twsrc%5Etfw\">October 26, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Third largest Bitcoin whale returns to the market<\/strong><\/h2>\n<p>This anonymous whale has reportedly bought and sold an extensive <a href=\"https:\/\/cryptoslate.com\/on-chain-data-shows-bitcoin-btc-whales-are-hodling-on-as-btc-nears-60000\/\">amount<\/a> of the cryptocurrency when the price of Bitcoin had passed the $60,000 mark. The whale had also later begun to <a href=\"https:\/\/www.businessinsider.in\/cryptocurrency\/news\/cryptocurrency-prices-show-signs-of-recovery-with-bitcoin-whales-buying-the-dip\/slidelist\/86548423.cms\">reaccumulate<\/a> the asset when it had lost half its value.<\/p>\n<p>Recently, the whale had sold some Bitcoin worth $56,000 this month before purchasing them back at a higher price. Whales have been <a href=\"https:\/\/www.okex.com\/academy\/en\/crypto-whale-transaction-analysis-ways-to-monitor\">known<\/a> to study crypto surge patterns and transact deals accordingly to acquire maximum revenue through crypto trading.<\/p>\n<p>The current rally of Bitcoin which saw the asset prices climb a whopping $40,000 at the end of September to a staggering $67,000 is also accredited to these whales who acted as one of the leading market drivers among others to help the asset to break all its previous set price records.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest Bitcoin whales has resurfaced with the purchase of over 596 Bitcoin yesterday, data from sources show. They were purchased at the price of $62,934 per Bitcoin. A &#8216;Bitcoin whale\u2019 is a term used to denote hefty investors who purchase Bitcoin in bulk. These whales hold enough cryptocurrency that they have the [&hellip;]<\/p>\n","protected":false},"author":824,"featured_media":133524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,76747,6849],"tags":[60786],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Third largest Bitcoin whale purchases BTC worth $37.5 million<\/title>\n<meta name=\"description\" content=\"One of the largest Bitcoin whales has resurfaced with the purchase of over 596 Bitcoin yesterday, data from sources show.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/third-largest-bitcoin-whale-purchases-btc-worth-37-5-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Third largest Bitcoin whale purchases BTC worth $37.5 million\" \/>\n<meta property=\"og:description\" content=\"One of the largest Bitcoin whales has resurfaced with the purchase of over 596 Bitcoin yesterday, data from sources show.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/third-largest-bitcoin-whale-purchases-btc-worth-37-5-million\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-27T14:53:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-27T15:17:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/05\/bitcoin-whales.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Juhi Mirza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Juhi Mirza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/third-largest-bitcoin-whale-purchases-btc-worth-37-5-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/third-largest-bitcoin-whale-purchases-btc-worth-37-5-million\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/#person\",\"name\":\"Juhi Mirza\",\"url\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/juhi-mirza-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/juhi-mirza-author-300x300.jpg\",\"caption\":\"Juhi Mirza\"},\"description\":\"Juhi Mirza is an archaeology major who is obsessive about blockchain\/Crypto technology and deems it to be the foundational philosophy of the future. 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