• Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
Facebook X (Twitter) Instagram
Trending
  • KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
  • Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
  • Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
  • Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
  • Yemenis are embracing DeFi in response to US sanctions on the Houthi group
  • Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
  • Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support
  • Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’
Facebook X (Twitter) Instagram
CoinovelCoinovel
  • Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
CoinovelCoinovel
Home » Unveiling the Identity of ‘Mr. 100’: Enigmatic Bitcoin Whale Emerges as the 14th Largest BTC Holder
Unveiling the Identity of 'Mr. 100': Enigmatic Bitcoin Whale Emerges as the 14th Largest BTC Holder
Unveiling the Identity of 'Mr. 100': Enigmatic Bitcoin Whale Emerges as the 14th Largest BTC Holder

Unveiling the Identity of ‘Mr. 100’: Enigmatic Bitcoin Whale Emerges as the 14th Largest BTC Holder

0
By admin on 2024-03-15 Cryptocurrency

A mysterious figure in the world of Bitcoin, known as “Mr. 100,” has captured the attention of cryptocurrency enthusiasts by accumulating a staggering amount of Bitcoin. According to on-chain data, Mr. 100 currently holds over 52,996 Bitcoin, which is valued at more than $3.5 billion.

The identity of Mr. 100 remains unknown, but there are several theories about who this Bitcoin whale could be. Some speculate that it may be a Hong Kong financial institution preparing for the launch of Bitcoin exchange-traded funds (ETFs), while others suggest it could be the Qatar Investment Authority or other Middle Eastern sovereign wealth funds. Another possibility is that Mr. 100 is associated with the South Korean Upbit exchange or an unidentified tech billionaire.

What sets Mr. 100 apart is their consistent accumulation of Bitcoin, regardless of its price fluctuations. Since February 14, this wallet has been adding at least 100 Bitcoin on a daily basis. On March 12, when Bitcoin reached a price above $72,000, Mr. 100 acquired an additional 400 Bitcoin. As a result of these constant acquisitions, the Mr. 100 wallet now ranks as the 14th largest Bitcoin holder.

Interestingly, blockchain intelligence firm Arkham Intelligence has identified the Mr. 100 wallet as a cold wallet belonging to the Upbit exchange. Crystal Intelligence, another analytics firm, has also confirmed that the secondary wallets associated with Mr. 100 are linked to Upbit. This suggests that Mr. 100 may have a connection to the South Korean exchange.

It’s worth noting that all 14 secondary wallet addresses connected to Mr. 100 have undergone Know Your Customer (KYC) verification on Upbit. This further supports the theory that Mr. 100 is associated with the exchange.

As always, it’s important to remember that this article does not provide investment advice. Investing in Bitcoin or any other cryptocurrency carries risks, and individuals should conduct their own research before making any investment decisions.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support

  • Popular
  • Latest
  • Hot comments
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

Latest Gallery

Latest Recommendations
2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

2025-04-18 Regulations Security

Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute

2025-04-18 Blockchain

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

2025-04-18 Regulations Security

Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst

2025-04-18 Cryptocurrency

Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support

2025-04-18 News

Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’

2025-04-17 Blockchain

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

2025-04-17 Blockchain

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

2025-04-17 Regulations Security

OpenAI pursued a deal with Anysphere prior to shifting its focus to WindSurf

2025-04-17 Analysis

Bitcoin Gold’s Imitation Strategy Could Surpass $150K as BTC Remains ‘Remarkable’

2025-04-17 Cryptocurrency

AI Tokens and Memecoins Dominate Cryptocurrency Narratives in Q1 2025: CoinGecko

2025-04-17 Cryptocurrency

Four Reasons Why the Price of Bitcoin Could Surge to $90,000 in April

2025-04-17 News

Trump Criticizes Powell for Delaying Interest Rate Cuts, Calling It ‘Too Late’

2025-04-17 News

Wyoming Commission Considers Whether Stablecoin Falls Under SEC Regulations

About
About

Coinovel is an enthralling novel of cryptocurrencies. Engage with narratives, delve into stories, and journey through the captivating world of digital currencies.

X (Twitter) Telegram
Popular posts
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

Copyright © 2025 coinovel. All rights reserved.
  • Home
  • Cryptocurrency
  • Blockchain
  • Regulations Security
  • Analysis
  • Insights
  • News
  • Getting Started

Type above and press Enter to search. Press Esc to cancel.