Suspected Kraken Cold Wallet Address Accumulates 1,000 BTC Daily Since Late August, Now Holds 12,500 BTC
Article is form Jinse
September 8, 2024
This article is translated by ChatGPT Show original
According to Jinse Finance, HODL15Capital has monitored an address ("Mr.500") that bought 500 BTC on August 26th. Subsequently, the address has consistently bought 500 BTC in two separate transactions each day (totaling 1000 BTC). As of September 7th, this address holds 12,500 BTC, which is roughly equivalent to $6.77 billion.
HODL15Capital further notes that this address appears to be a cold wallet belonging to Kraken, but this has not been confirmed.
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