Over 118,000 Bitcoin
Bitcoin and altcoins

In Pursuit of the Mysterious Owner of $3 Billion in Bitcoin

An unknown address amasses $3 billion in Bitcoin in just three months. Discover the captivating story of this investigation that reveals the identity of the mysterious individual behind this crypto wallet.

In the shadow of the blockchain, an intrigue unfolds: an unknown address silently amasses a fortune of $3 billion in Bitcoin (BTC) in the space of three months. The mystery surrounding the holder of this cryptographic wealth has unleashed a flood of speculation and theories. Hold on to your hats, because Cryptoast has investigated to discover the identity of the enigmatic character behind this wallet.

Over 118,000 Bitcoin?

In a world where volatility can inspire hesitation, some brilliant minds choose to adopt the Dollar Cost Averaging (DCA) strategy unwaveringly. On a dizzying scale, a mysterious address has set itself up as the guardian of this philosophy, secretly accumulating over 118,000 Bitcoin (BTC) in the space of just three months.

At current values, this colossal sum is equivalent to a $3 billion fortune. This anonymous address is now the third largest Bitcoin holder in the world.

The meteoric emergence of this massive accumulation soon piqued the curiosity of the crypto community. Speculation sprang up like mushrooms after the rain, with everyone trying to pierce the veil surrounding the identity of this mysterious owner.

Abundant theories have emerged: some have suggested a link to recent withdrawals from centralized platforms, others have whispered about a transfer of funds between exchanges. However, the most intriguing accusation rested on the shoulders of BlackRock, an asset management titan, allegedly behind the demand for a Bitcoin Spot ETF in the US.

The Mask Falls: Revelation of the Mysterious Individual

A glimmer of truth has pierced the darkness thanks to an investigation led by Arkham Intel. The shadows have dissipated, giving way to the almost certain revelation of the identity of the owner of this enigmatic address. Suspicions point to none other than Robinhood, the American broker renowned for its services in the cryptocurrency ecosystem.

However, more needs to be known about Arkham Intel. This innovative platform has risen to decode on-chain mysteries. It delves into cryptographic data, offering privileged access to exclusive information on addresses, protocols and transactions.

But Arkham hasn’t been all success. The platform has sparked controversy because it has the power to unmask anonymity and reveal the individuals hidden behind on-chain addresses. A complex algorithm serves as a guide through this labyrinth of data, linking the clues left by various addresses on the blockchain to reveal their consistency and activity.

Back to our story, the Bitcoin address in question is of the Segwit v0 type, initiating its existence with the mysterious characters “bc1” and stretching to 42 characters in all. According to Arkham Intel, this address is attributed to Robinhood. Over the weeks, it has been regularly fed with BTC.

Robinhood seems to have chosen to pool its Bitcoin reserves in a single point, in contrast to Binance’s strategy of fragmenting its assets over several addresses. However, the veil has not been fully lifted, and the official details of this story have yet to be revealed, as Robinhood has yet to make a public statement on the matter.

Article written by:

Laeti Marison, also known as SatoshiBelle, is a multifaceted professional with a passion for community management, content creation, and digital marketing. With a diverse background in various roles, Laeti has consistently demonstrated her expertise and dedication in the field. Recognizing her potential, Laeti then took on the responsibilities of a Project and Community Manager at Magna Numeris and Cartam from November 2018 to March 2021. In this role, she showcased her ability to successfully lead projects and foster strong relationships within the community. Currently, Laeti serves as an SEO content writer, Digital Marketing Manager, and co-founder at Trendingcrypto.news magazine, starting from February 2022 till now. Through her expertise in digital marketing and her passion for the crypto industry, she has contributed to the success of the magazine, ensuring its content remains relevant, engaging, and informative.

back to top