According to BlockBeats, a mysterious entity known as “Mr.100” has dramatically increased its Bitcoin holdings as the Bitcoin halving approaches. Over the past three days, “Mr.100” has bought almost all of the newly mined Bitcoin. On April 15, they bought 800 BTC, followed by 600 BTC on April 16, and 400 BTC on April 17. The total amount of Bitcoin purchased by “Mr.100” has now exceeded the combined purchases of BlackRock and Fidelity.
The Bitcoin halving, a pre-scheduled event that reduces the number of new Bitcoins created and acquired by miners, is considered an important event in the cryptocurrency market. This is often associated with a rise in the price of Bitcoin, as a reduced supply of new coins can lead to increased demand. The actions of “Mr.100” suggest that they expect a similar rally after the next halving.
The identity of “Mr.100” remains unknown, but their recent activity has attracted significant attention in the cryptocurrency community. The large amount of Bitcoin they received indicates their strong belief in the future value of the cryptocurrency. The fact that their purchases exceeded those of major investment firms such as BlackRock and Fidelity further underscores the importance of their actions
(
I feel that this halving is different from the one before it, and Bitcoin will rise immediately after the halving. This is a personal opinion only)
Source: Binance platform
