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Bitcoin Whale Buys 3,009 BTC After More Than a Year of Inactivity

The Friday, Nov. 6, purchases were valued at about $228 million, implying an average price near $75,800 per coin.

By Enna Lee
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An unmarked metal coin rests on a precision balance. / TokenPost.ai
An unmarked metal coin rests on a precision balance. / TokenPost.ai

A Bitcoin (BTC) whale inactive for more than a year bought a total of 3,009 BTC on Friday, Nov. 6, for about $228 million.

Dividing the total value by the amount bought gives an implied average purchase price of about $75,800 per BTC.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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