bullish BTC TREND WH@LES ON THE HORIXON

Mysterious Bitcoin Whale Buys $71,000,000 in Bitcoins in a Week. The third largest Bitcoin (BTC) whale in the crypto world continues to feed and make massive purchases Bitcoin. Data-tracking website BitInfoCharts says this same whale is the largest non-exchange entity in existence, acquiring a staggering 1,800 BTC in the past seven days.

Bitcoin is currently trading at $39,854, adding BTC to this whale's wallet with a total of $71,737,200. The total contents of the wallet is 125,552 Bitcoin, worth approximately $4,999,829,118. The unnamed wallet has been busy with a colossal food tourism this month, including scooping 2,822 BTC for more than $117 million last week.

As mentioned, the wallet shows a general trend of buying Bitcoin in the hundreds and then occasionally sending 1,500 BTC to wallets affiliated with US crypto exchange Coinbase.

MicroStrategy Announces Purchase of 4,167 Bitcoins
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MicroStrategy Announces Purchase of 4,167 Bitcoins
The whale has been very active throughout 2022 after a relatively quiet fourth quarter from last year.

Popular crypto analyst Benjamin Cowen noted that the whale appears to trade BTC when it is in a certain price range, buying dips and selling local highs.

Bitcoin has been slowly declining since the rally.